One Objective of Budgeting Is to Motivate Managers To

question 66

Multiple Choice

One objective of budgeting is to motivate managers to:

• A) Eliminate all variances.
• B) Use resources efficiently.
• C) Lessen the need for communication.
• D) Establish prices for external sales of goods and services.

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Definitions:

Extraversion

A personality trait characterized by outward-turning behaviors, such as sociability, enthusiasm, and high levels of activity.

Conscientiousness

A personality trait characterized by organization, dependability, self-discipline, and a goal-directed behavior.

Credibility

The quality of being believable or worthy of trust, often evaluated based on the source's reliability, expertise, and trustworthiness.

Elaboration Likelihood Model

A theory in psychology that explains how the likelihood of persuasive communication can lead to attitude change through central and peripheral routes of processing.