Budgets Are Used To

question 50

Multiple Choice

Budgets are used to:

• A)Enable various departments to coordinate their activities in a way that benefits the company as a whole.
• B)Highlight linkages among departments and force each department to consider how its actions influence the actions of other departments.
• C)Communicate the plan targets to everyone in the organization.
• D)A and C only.
• E)All of the above are reasons budgets are used.

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Definitions:

Information Richness

The depth and breadth of information conveyed and received, often affecting the quality and effectiveness of communication.

Synchronous Communication

Communication that happens in real time, where two or more people exchange information instantly.

Computer-mediated Groups

Teams or groups that interact and communicate primarily through computer systems and internet platforms.

Face-to-face Groups

Face-to-face groups involve direct, in-person interaction among members, allowing for immediate feedback and non-verbal communication.