Which Is True of Budgets

question 158

Multiple Choice

Which is true of budgets?

• A) They are voted on and approved by stockholders.
• B) They are used in the planning but not in the control process.
• C) There is a standard form and structure for budgets.
• D) They are used in performance evaluation.

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Definitions:

Organizational Learning

The process by which an organization improves and evolves by acquiring new knowledge, understanding, and skills.

Leader Influence

The capacity of individuals in leadership positions to affect the behavior, attitudes, or development of their team or organization.

Direct Behaviors

Actions that are straightforward and clear in their intention or aim, without ambiguity.

Strategy and Programs

Refers to the planned set of actions and initiatives aimed at achieving specific organizational goals.