Budgets are designed to __________.

Name: Budgets are designed to __________.
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Question

Quizplus · Accepted Answer

Budgets are meant to determine if a program is financially feasible or not. While budgets can result in cost savings, that is not their sole purpose. They may also educate managers on cost analysis, but this is not the primary reason for budgeting. Making management happy is also not the purpose of budgets, as they are intended to ensure financial accountability and control rather than just pleasing management.

Budgets Are Designed to __________