The Statement About the Uses of Budgets That Is Not

question 16

Multiple Choice

The statement about the uses of budgets that is not true is:

• A) They can assist in identifying short-term problems.
• B) They are mainly used to set prices.
• C) They can provide a system of authorisation for managers to spend up to a particular limit.
• D) None of the above, i.e. all are true statements.