Which of the Following Is a Benefit of a Budget

question 25

Multiple Choice

Which of the following is a benefit of a budget?

• A)It communicates a clear understanding of business objectives,and staff's responsibilities and constraints within the business
• B)It provides a benchmark against which performance can be measured,and variations between planned and actual performance can be investigated
• C)It can be used as a measure to evaluate the performance of mangers and staff
• D)All of the above

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Definitions:

Carl Perkins Act

U.S. federal law aimed at increasing the quality of technical education.

Vocational Assessment

The process of evaluating an individual's skills, talents, and interests to guide them towards suitable vocational or career paths.

Disadvantaged

A term used to describe individuals or groups who face social, economic, or educational barriers due to their background or circumstances.

Measurement Error

The difference between the measured value of a quantity and its true value, often resulting from limitations in the measurement process.