Which of the following is not a result of following a well-designed budgeting process?
A) Improved communication of management's action plans.
B) Assurance of future profits.
C) Improved coordination of business activities.
D) Improved performance evaluations.
E) Improved decision-making processes.

Question

Quizplus · Accepted Answer

Following a well-designed budgeting process can lead to improved communication of management's action plans, improved coordination of business activities, improved performance evaluations, and improved decision-making processes. However, it cannot guarantee assurance of future profits as numerous external factors can impact a company's profitability.

Which of the Following Is Not a Result of Following