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Management Finance - Part 1

A major limitation of incremental budgeting is that it:

Type: MCQ • Marks: 1
A major limitation of incremental budgeting is that it:
Options
A. May perpetuate inefficient expenditure patterns by using previous allocations as the baseline
B. Completely ignores historical expenditure
C. Prevents any predictability
D. Cannot be used by governments
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UPSC Principal & Vice Principal Management Finance Administration

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