Multiple Choice
Which one of the following is not a benefit of budgeting?
A) It facilitates the coordination of activities.
B) It provides definite objectives for evaluating performance.
C) It provides assurance that the company will achieve its objectives.
D) It requires all levels of management to plan ahead on a recurring basis.
Correct Answer:
Verified
Correct Answer:
Verified
Q185: Budgeting in not-for-profit organizations<br>A) is not important
Q186: Burr Inc. provided the following information:<br><br>
Q187: The master budget reflects management's long-term plans
Q188: Coordinating the preparation of the budget is
Q189: Which of the following items does not
Q191: For a merchandiser the starting point in
Q192: Which of the following expenses would not
Q193: Casa Development Inc. has budgeted sales
Q194: It is important that budgets be accepted
Q195: A well-developed budget can operate and enforce