Management 12th Edition by Richard Daft

Exercise 19

Is Your Budget in Control?
By the time you are in college, you are in charge of at least some of your own finances. How well you manage your personal budget may indicate how well you will manage your company's budget on the job. Respond to the following statements to evaluate your own budgeting habits. If the statement doesn't apply directly to you, respond the way you think that you would behave in a similar situation.
Remember This
Scoring and Interpretation
Yes responses to statements 2, 9, 10, 13, and 14 point to the most disciplined budgeting habits; Yes responses to 4, 5, 7, and 11 reveal adequate budgeting habits; Yes responses to 1, 3, 6, 8, and 12 indicate the poorest budgeting habits. If you have answered honestly, chances are you'll have a combination of all three. Look to see where you can improve your budgeting behaviors.