Which of the following statements is true of budgeting?
A) Research suggests that the incremental budgeting approach is most suitable for small to medium-sized enterprises.
B) Managers typically use budgeting as a planning tool to measure objectives and monitor outcomes.
C) As a planning tool, budgeting invariably helps managers make good decisions about the integration of organizational levels.
D) Budgeting processes do not guarantee that managers will make good decisions about organizational priorities.

Question

Quizplus · Accepted Answer

The Answer of Which of the following statements is true of budgeting?
A) Research suggests that the incremental budgeting approach is most suitable for small to medium-sized enterprises.
B) Managers typically use budgeting as a planning tool to measure objectives and monitor outcomes.
C) As a planning tool, budgeting invariably helps managers make good decisions about the integration of organizational levels.
D) Budgeting processes do not guarantee that managers will make good decisions about organizational priorities.

Which of the Following Statements Is True of Budgeting