Which of the following is not a guideline for budget preparation?
A)Revise budget to include planning decisions
B)Know the sources of budget information
C)Limit the use of a budget to one user group
D)Establish the format of the budget

Question

Quizplus · Accepted Answer

It is important to involve all user groups in the budget preparation process to ensure that all relevant perspectives and needs are considered. Limiting the use of a budget to one user group can lead to biased decision-making and ineffective resource allocation. The other three options (A, B, and D) are all important guidelines for effective budget preparation.

Which of the Following Is Not a Guideline for Budget