Which of the following is not a benefit of following a well-designed budgeting process?
A) Improved decision-making processes.
B) Improved performance evaluations.
C) Improved coordination of business activities.
D) Assurance of future profits.
E) Improved commitment to meet expected performance by those affected.

Question

Quizplus · Accepted Answer

A well-designed budgeting process cannot assure future profits as there are several external factors that can impact profits such as changes in the economy, competition, or unforeseen events. The other options are benefits of following a well-designed budgeting process.

Which of the Following Is Not a Benefit of Following