Multiple Choice
Which of the following is not a benefit of budgeting?
A) It promotes efficiency.
B) It deters waste.
C) It is a basis for performance evaluation.
D) It assures the company that management will perform at a particular operational level.
Correct Answer:

Verified
Correct Answer:
Verified
Q112: Use the following information for questions <br>Livanos,
Q113: How does long-range planning compare to a
Q114: What is "budgetary slack"?<br>A)It is the tolerance
Q115: In many companies, who is assigned the
Q116: Tripod Exports, Inc.budgets on an annual
Q117: Jason Company determined that the budgeted cost
Q118: Which one of the following represents the
Q120: Spirit, Inc.budgeted sales are 433,000 units for
Q121: Surprise Company's sales budget showed expected sales
Q122: Bixley Company budgets variable manufacturing overhead at