Line managers who feel that top management does NOT believe in the budget are most likely to:
A) pick up the slack and participate in the budgeting process
B) be motivated by the budget
C) spend little time on the budgeting process
D) convert the budget to a shorter more reasonable time period
Correct Answer:
Verified
Q7: Budgeted financial statements are called pro forma
Q18: A good budgeting system forces managers to
Q20: Operating budgets and financial budgets:
A)combined form the
Q21: A budget can help implement:
A)strategic planning
B)long-run planning
C)short-run
Q22: To gain the benefits of budgeting _
Q24: Coordination is meshing and balancing all aspects
Q25: A company's actual performance should be compared
Q26: Lower-level managers will not actively participate in
Q27: Challenging budgets tend to:
A)decrease line-management participation in
Q28: It is advantageous to coordinate budgets with:
A)suppliers
B)customers
C)the
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