Which of the following does not describe on of the purposes of a budget?
A) Compel planning
B) Communication
C) Allocate overheads to products
D) Basis for a control mechanism

Question

Quizplus · Accepted Answer

Allocating overheads to products is a specific function of a cost accounting system, not necessarily a purpose of a budget. The other options (compel planning, communication, basis for a control mechanism) are commonly cited purposes of a budget.

Which of the Following Does Not Describe on of the Purposes