When budgeted amounts are set at reasonable and achievable levels:
A)They reflect a "total quality management" philosophy of management.
B)A highly efficient department should fall slightly short of budget standards.
C)Meeting the budgeted amounts ensures a maximum level of profitability.
D)Failure to stay within the budget is viewed as an unacceptable level of performance.

Question

Quizplus · Accepted Answer

When budgeted amounts are set at reasonable and achievable levels, failing to stay within the budget is often seen as an unacceptable level of performance, as it indicates inefficiency or mismanagement.

When Budgeted Amounts Are Set at Reasonable and Achievable Levels