Budgeting does NOT require:
A)knowledge of the organization's activities.
B)specialized expertise in financial management and control.
C)knowledge about how activities affect costs.
D)the ability to see how the organization's different activities fit together.

Question

Quizplus · Accepted Answer

While specialized expertise in financial management and control can certainly be helpful in the budgeting process, it is not an absolute requirement. Basic knowledge of the organization's activities and how they affect costs, as well as the ability to see how these activities fit together, are essential components of effective budgeting.

Budgeting Does NOT Require