Which of the following steps is not a part of the systematic budget preparation process?
A) Review and analyze the situation beginning with the last budget period's variances
B) Request more than actually needed and spend everything you get to ensure obtaining one's fair share of the future budget allocations
C) Develop a preliminary allocation of resources to particular activities
D) Communicate sales objectives and goals with their relative priorities to all management levels

Question

Quizplus · Accepted Answer

Requesting more than needed and spending everything to ensure future allocations is not a systematic or ethical approach to budget preparation. It is more of a tactic to secure funds rather than a structured step in the budgeting process.

Which of the Following Steps Is Not a Part of the Systematic