Budgets assist managers in the areas of planning, controlling, evaluating, and decision-making.

Name: Budgets assist managers in the areas of planning, controlling, evaluating, and decision-making.
Brand: Quizplus
Rating: 4.8 (37 reviews)

Question

Quizplus · Accepted Answer

Budgets provide managers with a roadmap for planning and achieving financial goals, help in monitoring and controlling expenses, provide a means for evaluating performance and identifying areas for improvement, and assist in making informed decisions about resource allocation.

Budgets Assist Managers in the Areas of Planning, Controlling, Evaluating