Which of the Following Is Not an Objective of Budgeting

question 29

Multiple Choice

Which of the following is not an objective of budgeting?

• A) Assigning decision rights.
• B) Establishing prices for the internal transfer of goods and services.
• C) Motivating managers to use resources efficiently.
• D) Improving customer relations.

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Definitions:

Statistical Analyses

The process of applying statistical methods to data in order to summarize, describe, and infer properties of the underlying distribution.

Standard Error

A statistic that measures the accuracy with which a sample distribution represents a population by using the standard deviation.

Confidence Interval

An estimated range of values calculated from the statistics of observed data, indicating where a true parameter of a population is likely to exist with a specified level of certainty.

Sample

A subset of individuals or events from a larger population used to conduct statistical analysis.