Which of the following is not a benefit of budgeting?
A) It uncovers potential bottlenecks before they occur.
B) It coordinates the activities of the entire organization by integrating the plans and objectives of the various parts.
C) It ensures that accounting records comply with generally accepted accounting principles.
D) It provides benchmarks for evaluating subsequent performance.
Correct Answer:
Verified
Q1: If the expected level of activity is
Q2: A production budget is to a manufacturing
Q4: When preparing a materials purchase budget, desired
Q5: Budgets are used for planning rather than
Q6: In the manufacturing overhead budget, the non-cash
Q7: In companies that have "no lay-off" policies,
Q8: A self-imposed budget can be a very
Q9: The cash budget must be prepared before
Q10: The beginning cash balance is not included
Q11: The materials purchase budget:
A) is the beginning
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