The budget process involves doing all the following EXCEPT
A)establishing specific goals.
B)executing plans to achieve the goals.
C)periodically comparing actual results with the goals.
D)dismissing all managers who fail to achieve operational goals specified in the budget.

Question

Quizplus · Accepted Answer

The budget process involves establishing specific goals, executing plans to achieve these goals, and periodically comparing actual results with the goals to adjust plans if necessary. However, dismissing all managers who fail to achieve operational goals specified in the budget is not typically part of the budget process. Instead, managers may be held accountable for their performance and given opportunities to improve before facing termination.

The Budget Process Involves Doing All the Following EXCEPT