Which of the following is not a result 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) All of these are benefits of effective budgeting.

Question

Quizplus · Accepted Answer

While a well-designed budgeting process can lead to many benefits such as improved decision-making processes, performance evaluations, and coordination of business activities, it cannot necessarily assure future profits. There are external factors outside of budgeting that can impact profits, such as changes in the economy or industry competition.

Which of the Following Is Not a Result of Following