The Goals and Objectives of Establishing Budgeting in an Organization

question 29

Multiple Choice

The goals and objectives of establishing budgeting in an organization include all of the following except:

• A) the ability to decide whether goals can be achieved.
• B) the resources needed to carry out its tasks.
• C) anticipated revenues to be generated.
• D) the consistent application of generally accepted accounting principles.

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Definitions:

Monolithic Bias

The tendency to view a diverse group or category as being more uniform and homogenous than it actually is, often oversimplifying complex social or cultural identities.

Divorce Rates

The statistical measure of how many marriages end in divorce within a given population and time period, often expressed per 1,000 marriages.

Divorce Act

Legislation that regulates the legal process of divorce, defining the conditions, rights, and responsibilities involved in dissolving a marriage.

Monolithic Bias

The tendency to view a diverse or complex group as homogenous and uniform, ignoring individual variation.