Which of the following is NOT a major benefit of budgeting?
A) It compels managers to think ahead.
B) It provides definite expectations that are the best framework for judging subsequent performance.
C) It aids managers in coordinating their efforts, so that the objectives of the organization as a whole match the objectives of its parts.
D) It allows managers to operate day to day, reacting to current events rather than planning for the future.
Correct Answer:
Verified
Q25: The first step in preparing the operating
Q26: Which of the following is NOT an
Q27: The last step in preparing the financial
Q28: The second step in preparing the master
Q29: _ is a major part of a
Q32: Expenses that are NOT influenced by sales
Q33: An example of a financial budget is
Q34: Which of the following is NOT an
Q35: Which of the following is a major
Q48: _ are sometimes called rolling budgets.
A)Strategic plans
B)Capital
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