Budgeting information can only be expressed in monetary units.

Name: Budgeting information can only be expressed in monetary units.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Budgeting information is not confined to finances. The entire enterprise and any of its units can create budgets for their activities, using units other than dollars, if appropriate. For example, many organizations use production budgets forecasting physical units produced and shipped, and labor can be budgeted in skill levels or hours of work required.

Budgeting Information Can Only Be Expressed in Monetary Units