Budgets should not be used for performance evaluation because there is too much uncertainty

involved and this makes it unfair to the person being evaluated.

Indicate whether the statement is true or false

FALSE

Business

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The three major categories included on the statement of cash flows are ________

A) investing, operating, and financing activities B) investing, capital, and financing activities C) investing, operating, and contracting activities D) financial, operating, and internal control activities

Business

The foundation of a security auditing facility is the initial capture of the audit data

Indicate whether the statement is true or false.

Business