Budgets are used to:
A)Enable various departments to coordinate their activities in a way that benefits the company as a whole.
B)Highlight linkages among departments and force each department to consider how its actions influence the actions of other departments.
C)Communicate the plan targets to everyone in the organization.
D)A and C only.
E)All of the above are reasons budgets are used.

Question

Quizplus · Accepted Answer

Budgets are used to enable various departments to coordinate their activities in a way that benefits the company as a whole, highlight linkages among departments and force each department to consider how its actions influence the actions of other departments, and also communicate the plan targets to everyone in the organization. Therefore, all of the above are reasons why budgets are used.

Budgets Are Used To