A budget serves several purposes for the institution and the individual supervisor, including:
A) Being a quantitative expression of the institution's operating intentions.
B) Providing a means of scheduling employees.
C) Identifying positions that could be eliminated.
D) Relieving the supervisor of concern for ongoing expenditures.

Question

Quizplus · Accepted Answer

Budgets primarily serve as a quantitative expression of an institution's operational plans, detailing financial expectations and allocations for various activities and resources.

A Budget Serves Several Purposes for the Institution and the Individual