Realistic budgets reflect
A) actual levels of activity, full capacity usage, efficiencies, and general economic trends.
B) actual levels of activity, seasonal variations, efficiencies, and general economic trends.
C) ideal levels of activity, full capacity usage, efficiencies, and general economic trends.
D) ideal levels of activity, full capacity usage, and efficiencies.

Question

Quizplus · Accepted Answer

Realistic budgets should take into account actual levels of activity, which may vary due to seasonal factors, as well as efficiencies and general economic trends. However, they do not necessarily assume full capacity usage or ideal levels of activity, as these may not be achievable or sustainable in practice.

Realistic Budgets Reflect