Which of the following statements does NOT describe a weakness associated with budgeting?
A) Some managers apply budgets too rigidly.
B) Developing budgets can be very time consuming.
C) Budgets link planning and controlling.
D) Budgets may limit innovation and change.
E) Budgets may make it impossible to procure funds to take advantage of an unexpected opportunity.

Question

Quizplus · Accepted Answer

This statement describes a strength of budgeting, as budgets do link planning and controlling. The other statements describe weaknesses associated with budgeting.

Which of the Following Statements Does NOT Describe a Weakness