Which of the following statements does NOT describe a weakness associated with budgeting?
A)Some manager apply budgets too rigidly.
B)Developing budgets can be very time consuming.
C)Budgets link planning and controlling.
D)Budgets may limit innovation and change.
E)Budgets may make it impossible to procure funds to take advantage of an unexpected opportunity.

Question

Quizplus · Accepted Answer

This statement describes a strength of budgeting, not a weakness. Budgets are a useful tool for linking the planning and controlling functions of management.

Which of the Following Statements Does NOT Describe a Weakness