What Is a Limitation of Using Financial Budgets

question 41

Multiple Choice

What is a limitation of using financial budgets?

• A)They can become a substitute for objectives.
• B)They can hide inefficiencies if done only on precedent.
• C)They can be so detailed that they are cumbersome and expensive.
• D)They are sometimes used as instruments of tyranny.
• E)all of the above

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Definitions:

Psychosocial Development

A theory proposed by Erik Erikson that human development is influenced by a series of conflicts that are social in nature and span the person's lifetime.

Seventh Stage

This can refer to different models, but in Erikson's stages of psychosocial development, the seventh stage pertains to the challenge of generativity versus stagnation in middle adulthood.

Basic Strength

Refers to the fundamental abilities or qualities that an individual possesses, which help in achieving success or overcoming challenges.

Adulthood

A stage of human development characterized by matured physical growth, psychological development, and the assumption of adult responsibilities and roles.