The complexity of the budgeting process varies with the size and complexity of the organization.

Name: The complexity of the budgeting process varies with the size and complexity of the organization.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The statement is true. The budgeting process becomes more complex as the size and complexity of the organization increases. Small businesses may have a less formal and less complex budgeting process, while large corporations may have multiple departments and stakeholders involved in the budgeting process.

The Complexity of the Budgeting Process Varies with the Size