1.Budgeting facilitates the coordination of activities within the business by correlating the goals of each segment with overall company objectives.A.TrueB.False
This statement is correct.
2.Which one of the following is nota benefit of budgeting?
3.Which one of the following is a primary benefit of budgeting?
4.Which of the following is nota benefit of budgeting?
5.A budgetA.is the responsibility of management accountants.B.is the primary method of communicating agreed-upon objectives throughout an organization.C.ignores past performance because it represents management’s plans for a future time period.D.may promote efficiency but has no role in evaluating performance.
6.Which of the following are correct statements about a budget?
7.The primary benefits of budgeting include all of the following exceptit
8.The most common budget period is one month.
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