A budget
A)can be a means of communicating a company's objectives to external parties.
B)facilitates coordination of activities within the business but is a poor tool for evaluating performance.
C)is more beneficial if accepted by lower level management.
D)represents management's performance in financial terms.

Question

Quizplus · Accepted Answer

A budget is more beneficial if accepted by lower level management because it ensures buy-in and commitment to the financial goals and plans, leading to better implementation and performance.

A Budget