One Statement About Budgeting That Is Generally True Is

question 96

Multiple Choice

One statement about budgeting that is generally true is

• A)manufacturing companies spend more time on budgets than do service companies.
• B)service company budgets tend to change only if there is a major increase or decrease in sales levels from year to year.
• C)the budget process is an element of a company's activities and should be used throughout the year to evaluate performance.
• D)the budget process is useful to assure shareholders that their interests will be looked after.

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Definitions:

English

A West Germanic language originating in England, now the primary language of several countries and an international language of business and communication.

Arapaho

A Native American tribe historically located in the Great Plains, known for their rich culture and history.

Linguistic Fluency

The ability to speak, write, or comprehend a language easily and accurately.

Public School

A public school is a government-funded educational institution that provides free education to students within a specific community or geographic area, accessible to all children without charge.