Which one of the factors below is NOT a major influence on the length of budget periods?
A)the nature of the organization
B)the type of budget
C)prevailing business conditions
D)the profitability of the company

Question

Quizplus · Accepted Answer

The profitability of the company is not a major influence on the length of budget periods. Other factors such as the nature of the organization, the type of budget, and prevailing business conditions are all important considerations in determining the length of a budget period. The length of a budget period may be influenced by factors such as the product life cycle, the length of the production cycle, the availability of resources, and the need for flexibility in responding to changing market conditions.

Which One of the Factors Below Is NOT a Major