Which of the following factors need not be present for budgeting to work efficiently?
A) Management participation.
B) A flat management structure.
C) An efficient accounting and reporting system.
D) An organisational structure in which responsibility is clearly defined.

Question

Quizplus · Accepted Answer

While a flat management structure can be beneficial for some organizations, it is not a requirement for efficient budgeting. The other options listed (management participation, efficient accounting and reporting, clear responsibility) are all important factors that can contribute to successful budgeting.

Which of the Following Factors Need Not Be Present for Budgeting