Which of the following is NOT an advantage of budgeting?
A)It forces managers to plan.
B)It provides resource information that can be used to improve decision making.
C)It aids in the use of resources and employees by setting a benchmark that can be used for the subsequent evaluation of performance.
D)It provides organizational independence.

Question

Quizplus · Accepted Answer

Budgeting does not provide organizational independence. In fact, it can limit independence by setting specific targets and guidelines for resource allocation and performance evaluation.

Which of the Following Is NOT an Advantage of Budgeting