If Budgets Are to Be Effective All of the Following

question 34

Multiple Choice

If budgets are to be effective all of the following must be present except

• A) acceptance at all levels of management.
• B) research and analysis in setting realistic goals.
• C) stockholders' approval of the budget.
• D) sound organizational structure.

---

Definitions:

Self-Efficacy

A belief in one's own ability to complete tasks and reach goals.

Confident

The feeling or belief that one can rely on someone or something; firm trust and self-assurance.

Emotional Arousal

The condition of having one's emotions stimulated or intensified, often leading to specific behavioral responses.

Self-Efficacy

An individual's belief in their own ability to succeed in specific situations or accomplish a task, which can influence their motivation and persistence.