Which of the following statements is true?
A)It is impossible to use a weekly budget.
B)Garment makers tend to use shorter budget periods than auto manufacturers.
C)A good budget tends to be relatively inflexible.
D)All of these.
E)None of these.

Question

Quizplus · Accepted Answer

This statement is true based on the concept of industries and their typical budget periods. Garment makers tend to use shorter budget periods (monthly or quarterly) compared to auto manufacturers who may use annual budgets. Option A is false as weekly budgets are possible and used in some cases. Option C is incorrect as a good budget should have some flexibility to accommodate unexpected events or changes in plans. Option D is incorrect as only option B is true.

Which of the Following Statements Is True