Which One of the Following Is Not a Benefit of Budgeting

question 190

Multiple Choice

Which one of the following is not a benefit of budgeting?

• A) It facilitates the coordination of activities.
• B) It provides definite objectives for evaluating performance.
• C) It provides assurance that the company will achieve its objectives.
• D) It requires all levels of management to plan ahead on a recurring basis.

Know about physical and emotional changes during puberty and adolescence, including identity development stages.

Understand the concept of perceived exertion and its correlation with heart rate.

Grasp the guidelines and recommendations for exercise during pregnancy.

Identify the recommended exercise intensity levels for improving cardiorespiratory fitness.

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Definitions:

Fixed Costs

Overheads that are unaffected by the quantity of output or sales, for example, tenancy costs, wages for staff, and indemnity expenses.

Contribution Format

A type of income statement presentation that separates fixed and variable costs, allowing for an easier assessment of how changes in volume affect profitability.

Contribution Format

A way of presenting income statements where variable costs are deducted from sales to find the contribution margin, then fixed costs are deducted to find net operating income.

Break-even Point

The level of production or sales at which total revenues equal total expenses, resulting in neither profit nor loss.