Managers need budgets for all of the following reasons EXCEPT
A) to guide them in allocating resources.
B) to maintain control.
C) to enable them to measure and reward progress.
D) to determine which individual to hire.
Correct Answer:
Verified
Q14: An operating budget is the major part
Q15: Master budgets are sometimes called
A) pro forma
Q16: Decisions made during long-range planning include all
Q17: Financial planning models are only as good
Q18: Cash budgets help management to avoid having
Q20: Financial planning models are mathematical models of
Q21: _ are the most forward-looking budgets, which
Q22: Which of the following is NOT a
Q23: _ includes the capital budget, cash budget,
Q24: Which of the following is NOT a
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