Which of the following is an example of the planning function of the budgeting process? A. A budget demands integrated input from different business units and functions. O B. The budget outlines a specific course of action for the coming period. OC. Employees are motivated to achieve the goals set by the budget. O D. Budget figures are used to evaluate the performance of managers.

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter7: Budgeting
Section: Chapter Questions
Problem 16MC: Which of the following includes only financial budgets? capital asset budget, budgeted income...
icon
Related questions
Question
100%

21

Which of the following is an example of the planning function of the budgeting process?
O A. Abudget demands integrated input from different business units and functions.
O B. The budget outlines a specific course of action for the coming period.
OC. Employees are motivated to achieve the goals set by the budget.
O D. Budget figures are used to evaluate the performance of managers.
Transcribed Image Text:Which of the following is an example of the planning function of the budgeting process? O A. Abudget demands integrated input from different business units and functions. O B. The budget outlines a specific course of action for the coming period. OC. Employees are motivated to achieve the goals set by the budget. O D. Budget figures are used to evaluate the performance of managers.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Market Efficiency
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Principles of Accounting Volume 2
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College
Excel Applications for Accounting Principles
Excel Applications for Accounting Principles
Accounting
ISBN:
9781111581565
Author:
Gaylord N. Smith
Publisher:
Cengage Learning
Cornerstones of Cost Management (Cornerstones Ser…
Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning
Principles of Cost Accounting
Principles of Cost Accounting
Accounting
ISBN:
9781305087408
Author:
Edward J. Vanderbeck, Maria R. Mitchell
Publisher:
Cengage Learning
Managerial Accounting
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub
Personal Finance
Personal Finance
Finance
ISBN:
9781337669214
Author:
GARMAN
Publisher:
Cengage