Solved

Which of the Following Is a Benefit Derived from Budgeting

Question 133

Multiple Choice

Which of the following is a benefit derived from budgeting?


A) Budgeting focuses management's attention on past performance.
B) Budgeting avoids needing industry and economic factors in decision making.
C) Budgeting provides a basis for evaluating performance.
D) Budgeting avoids the need for incentives to improve employee performance.
E) Budgeting eliminates the need for coordination across departments.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions