Which of the following is not a characteristic of the budgeting process? The budget ensures the...
Which of the following is not a characteristic of the budgeting process?
- The budget ensures the organization will be profitable
- The budget forces managers to plan ahead
- The budget helps coordinate the activities of the organization
- The budget aids in performance evaluation
NOTE THE ANSWER IS NOT D
Homework Answers
| Budgeting is a estimation of revenue and expenses over a specified period of time and is usually complied and re-evaluated on a periodic basis | ||||||
| This helps in performance evaluation at the end of period, comparing the actuals and budgets | ||||||
| Budgeting does not ensures profitability | ||||||
| A | The Budget ensures the organisation will be Profitables | |||||
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