Which of the following is a planning device as well as a strategy for organizational control?
A) policy
B) procedure
C) program
D) budget
E) rule

Question

Quizplus · Accepted Answer

A budget is both a planning device and a strategy for organizational control. It involves setting financial goals and allocating resources in advance, as well as monitoring actual results against those goals and making adjustments as needed. Policies, procedures, programs, and rules are all important elements of organizational control, but they are typically more focused on standardizing behaviors and outcomes rather than specific financial targets.

Which of the Following Is a Planning Device as Well