Budgets are a way for managers to communicate their
A)control.
B)decision-making.
C)hiring practices.
D)plans.

Question

Quizplus · Accepted Answer

Budgets are a way for managers to communicate their plans, which typically include their financial goals and objectives for the upcoming period. Budgets lay out the spending priorities and resource allocation decisions for the organization, helping to align various departments and stakeholders around a common set of goals. While budgets may also be used to exercise control in the sense of monitoring performance and enforcing compliance with established targets, their primary purpose is to guide decision-making and set direction for the organization. Hiring practices are not typically a part of budgeting, as these are separate HR activities related to talent acquisition and management.

Budgets Are a Way for Managers to Communicate Their