Managers do not need to know why a budget is being prepared.

Question

Quizplus · Accepted Answer

Managers need to know why a budget is being prepared in order to align their actions and decisions with the goals and objectives of the organization. Understanding the reasons behind the budget allows managers to prioritize their areas of focus and allocate resources accordingly. It also helps them to communicate the budget to their staff and ensure that everyone is working towards the same objectives.

Managers Do Not Need to Know Why a Budget Is