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)Improved communication of management's action plans.

Question

Quizplus · Accepted Answer

A well-designed budgeting process can improve decision-making processes, performance evaluations, coordination of business activities, and communication of management's action plans. However, it cannot assure future profits as there are many external factors that can affect a company's profitability, such as changes in the market or unexpected events.

Which of the Following Is Not a Result of Following