The Primary Benefits of Budgeting Include All of the Following

question 197

Multiple Choice

The primary benefits of budgeting include all of the following except it

• A) requires only top management to plan ahead and formalize their future goals.
• B) provides definite objectives for evaluating performance.
• C) creates an early warning system for potential problems.
• D) motivates personnel throughout the organization.

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Definitions:

Automated-Service

A type of service that uses technology to perform tasks without human intervention.

Gas Stations

Retail establishments that sell fuel for motor vehicles and often offer additional services or products such as convenience store items.

Franchisor

An entity that grants the right to use its trademark, business model, and operational system to an individual or company (the franchisee) under agreed-upon terms.

Franchisee

An individual or company that acquires the rights to operate a business under the franchisor's brand and business model.