Which of the following are benefits of budgeting?
I. Budgeting ensures future events will never catch management by surprise
II. Budgeting establishes organisational goals
III. Budgeting is a means of coordination
IV. Budgeting provides useful work for accounting staff
A) I and II only
B) II and III only
C) II and IV only
D) I, II, III and IV
Correct Answer:
Verified
Q2: The primary purpose of a budget is
Q3: Which of the following is part of
Q4: Which of the following statements concerning responsibility
Q5: Which of the following factors need not
Q6: Which of the following statements relating to
Q7: Which of the following is not a
Q8: Which of the following statements best describes
Q9: Which of the following statements is incorrect?
A)
Q10: Which of the following is not a
Q11: Who should participate in the budgeting process?
A)
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