Which of the following is NOT a benefit of budgeting?
A) It promotes efficiency.
B) It deters waste.
C) It is a basis for performance evaluation.
D) It assures the company that management will perform at a particular operational level.
Correct Answer:
Verified
Q2: The master budget contains which two classes
Q8: Which one of the following is correct
Q10: The manufacturing overhead budget generally has separate
Q15: Which one of the following is necessary
Q19: A sales budget should be prepared before
Q20: The most common budget period is one
Q22: Companies that do NOT prepare cash budgets
Q23: The number of direct labour hours needed
Q28: In preparing the budgeted balance sheet, management
Q29: The direct materials budget contains only quantity
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents