Which of the following is NOT an objective of the budgeting process?
A)To communicate management's plans throughout the entire organization.
B)To provide a means of allocating resources to those parts of the organization where they can be used most effectively.
C)To ensure that the company continues to grow.
D)To uncover potential bottlenecks before they occur.

Question

Quizplus · Accepted Answer

While budgeting can help a company plan for growth and allocate resources effectively, ensuring that the company continues to grow is not the objective of the budgeting process. The budgeting process is primarily focused on planning and control of resources, rather than guaranteeing growth.

Which of the Following Is NOT an Objective of the Budgeting