Which one of the following is a critical factor in budgeting for a service company?
A)coordinating professional staff needs with anticipated services
B)determining how to allocate the disproportionate costs
C)budgeting expenditures before anticipated receipts
D)determining client needs

Question

Quizplus · Accepted Answer

Coordinating professional staff needs with anticipated services is a critical factor in budgeting for a service company because the majority of the costs for service companies are related to the salaries and benefits of their professional staff. Therefore, it is essential to ensure that staffing needs are aligned with the anticipated level of services to be provided.

Which One of the Following Is a Critical Factor in Budgeting