Which of the following is not a purpose or benefit of a budget?
A)It forces mangers to think ahead and plan for future conditions
B)It can be used as a punishment tool for staff who are underperforming
C)It coordinates all of the business's activities into a common plan
D)It provides a motivational tool for managers and staff to achieve a set goal

Question

Quizplus · Accepted Answer

Using a budget as a punishment tool for staff who are underperforming is not a purpose or benefit of a budget. Budgets are meant to be used as a tool for planning, organizing, and controlling resources, not for punishing employees.

Which of the Following Is Not a Purpose or Benefit