Potential problems that can limit the benefits of budgeting do NOT include ________.
A) low levels of employee participation in the budget process
B) incentives to lie and cheat in the budget process
C) difficulties in obtaining accurate sales forecasts
D) an emphasis on functional budgeting
Correct Answer:
Verified
Q1: Participative budgeting is the active participation of
Q3: The most effective budget processes facilitate communication
Q4: Budgeting can result in incentives to lie
Q5: A major benefit of effective budgeting is
Q6: Budgeted performance goals generally provide a better
Q7: There are fewer benefits from budgeting in
Q8: A major drawback of using historical results
Q9: A budget is a qualitative expression of
Q10: A budget is an example of an
Q11: In practice,when developing a budget,two extremes used
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