Mark follows the cash budget like it was carved in stone. He has fallen prey to the one real danger in overreliance on a cash budget which is
A) inflexibility.
B) pliability.
C) exaggeration.
D) errors.

Question

Quizplus · Accepted Answer

Mark's overreliance on the cash budget has made him inflexible in adapting to unforeseen circumstances or opportunities. This inflexibility can lead to missed opportunities or poor decision making.

Mark Follows the Cash Budget Like It Was Carved in Stone