Select the Correct Statement About Budgeting and Human Behavior

question 90

Multiple Choice

Select the correct statement about budgeting and human behavior.

• A) People are usually very comfortable with budgets.
• B) The attitudes of upper managers significantly impact budget effectiveness.
• C) Budgets increase individual freedom within an organization.
• D) Participative budgeting contributes to fear and resentment.

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Definitions:

Guests

Individuals who receive services or hospitality, often in contexts such as hotels, restaurants, or events.

Billafuerte Jeep Tours

A hypothetical or specific company offering guided jeep tours in the Billafuerte region.

Cost Drivers

Factors that cause fluctuations in the cost of a product or service, such as machine-hours, labor-hours, or the quantity of materials used.

Planning Budget

A budget prepared for a future period that outlines an organization's financial goals, resources, and expenditures.