When management designs and implements effective administrative processes:
A)Delegation of responsibility is prohibited.
B)A budgeting process is a method of corporate governance.
C)The responsibility of executing related capital functions to employees is prohibited.
D)The ability to steal or misuse capital is eliminated.

Question

Quizplus · Accepted Answer

A budgeting process is indeed a method of corporate governance, as it involves planning, organizing, and controlling financial resources, which are key administrative processes.

When Management Designs and Implements Effective Administrative Processes