Multiple Choice
Which of the following is not a disadvantage usually associated with budgeting?
A) Encourages "budget slack"
B) Discourages delegation and the identification of management responsibility
C) In practice, it is often difficult to come to an agreement about the organizations objectives
D) Can often be a "paperwork exercise" not fully understood by mangers
Correct Answer:

Verified
Correct Answer:
Verified
Q1: The starting point of producing the master
Q2: Which of the following is not an
Q3: Which of the following statements are correct,with
Q4: A budget includes all of the following
Q6: Which of the following is not an
Q7: A cash budget includes receipts that don't
Q8: Which of the following is false?<br>A) Receipts
Q9: XYZ company had budget sales of £120,000,direct
Q10: The difference between a fixed budget and
Q11: Which of the following is not an