Using a cliché becomes a tempting alternative to _____________________

Which of the following statements is not part of the budgeting process?

a. Budgets may be developed for short periods such as a month or long periods such as a year. b. Usually budgeting procedures begin at the department level and move downward. c. The ultimate result in the budgeting process is to create a master budget. d. A budget committee reviews and revises various estimates of income and expenses submitted by other employees.

Organizational capabilities are the special and unique processes that distinguish the organization from its competitors

Indicate whether the statement is true or false