Which policy is designed to aid in estate tax planning in that it can pay out at the death of the last surviving spouse?

A company's sales personnel are usually asked to develop predictions of sales for each territory and department because people normally feel a greater commitment to goals they help set. Another advantage to this participatory budgeting approach is that it draws on knowledge and experience of people _____________ in the activity.

Fill in the blank(s) with the appropriate word(s).

A budget is a managerial accounting tool used in the planning process

Indicate whether the statement is true or false