Which of the following is an example of the coordination and communication function of a budget?
A)A budget demands integrated input from different business units and functions.
B)Employees are motivated to achieve the goals set by the budget.
C)Budget figures are used to evaluate the performance of managers.
D)The budget outlines a specific course of action for the coming period.

Question

Quizplus · Accepted Answer

The coordination and communication function of a budget refers to the process of integrating different inputs from various business units and functions. This ensures that everyone is clear about the goals and objectives of the budget, as well as the specific responsibilities of each department. Option A is the only choice that describes this function. Option B relates to the motivational aspect of a budget, Option C refers to the performance evaluation function, and Option D talks about the planning aspect of a budget.

Which of the Following Is an Example of the Coordination