Which of the following regarding the setting of budget targets is true?
A)When setting budget targets,more emphasis should be put on what is desired in terms of performance.
B)When setting budget targets,more emphasis should be put on what is thought to be possible.
C)When setting budget targets,there should be a balance between what is desired in terms of performance and what is thought to be possible
D)When setting budget targets,neither what is desired in terms of performance nor what is thought to be possible should be considered.

Question

Quizplus · Accepted Answer

It is important to strike a balance between what is desired in terms of performance and what is thought to be possible while setting budget targets. This will ensure that the budget targets are challenging yet achievable. Putting too much emphasis on either one can result in unrealistic or unambitious targets.

Which of the Following Regarding the Setting of Budget Targets