Which of the Following Statements Is TRUE of the Budgeting

Multiple Choice

Which of the following statements is TRUE of the budgeting process?

A) If a company carefully plans for its future, there will be no need to make modifications during the budget period.
B) It is a continuous process that encourages communication.
C) It shows the actual performance of the business.
D) Managers and employees are motivated to accept the budget's goals because they enjoy having their work monitored and evaluated.