Which of the following is not an advantage of budgeting? a) Forces managers to plan b) Provides information for decision making c) Guarantees an improvement in organizational efficiency d) Provides a standard for performance evaluation e) Improves communication and co-ordination

Which of the following is not an advantage of budgeting? a) Forces managers to plan b) Provides information for decision making c) Guarantees an improvement in organizational efficiency d) Provides a standard for performance evaluation e) Improves communication and co-ordination

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter7: Budgeting

Section: Chapter Questions

Problem 1MC: Which of the following is not a part of budgeting? A. planning B. finding bottlenecks C. providing...

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Question

Which of the following is not an advantage of budgeting?

a) Forces managers to plan
b) Provides information for decision making
c) Guarantees an improvement in organizational efficiency
d) Provides a standard for performance evaluation
e) Improves communication and co-ordination

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