Which of the Following Individuals Should Accept the Company's Budgets

question 48

Multiple Choice

Which of the following individuals should accept the company's budgets in order for the budgets to be most effective?

• A)division managers and customers
• B)department heads and division managers
• C)supervisors and clerks
• D)department heads and creditors

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Definitions:

Investment Plan

A strategy developed by individuals or financial advisors to allocate assets with the goal to meet future financial goals.

Expense

Costs or charges incurred in the operation of a business or the execution of a transaction.

RRSP

Registered Retirement Savings Plan, a Canadian investment vehicle for individuals to save for retirement while taking advantage of tax deferrals.

Years

Years are units of time that measure the duration or length of time an event has occurred or is expected to occur, usually related to financial calculations or investments.