Which of the following is an advantage of budgeting?
A) Budgets help managers by eliminating risk, as they show actual values of expected activities.
B) Budgets form a part of the financial statements of a company.
C) Budgets help managers by identifying potential constraints.
D) Budgets contain only dollar values and this helps in analyzing actual performance.
C
You might also like to view...
If an employee’s maturity level is low, the situational leadership model encourages leaders to use a ______ style so that the employee will be able to comprehend what is required in order to complete a given task.
a. participating b. telling c. delegating d. selling
Matrix structure is especially useful when organizations undertake complex projects
Indicate whether the statement is true or false.
On-time deliveries and perfect/complete orders are measuring the ______ dimension of customer services.
a. time b. reliability c. convenience d. communication
Account numbers on credit-card receipts must be truncated (shortened)
Indicate whether the statement is true or false