Which of the Following Is True of a Budgeting System

question 50

Multiple Choice

Which of the following is true of a budgeting system?

• A) It compels managers to plan ahead.
• B) It increases agency costs.
• C) It is easy to measure the exact benefits of a budgeting system.
• D) It leads to operational inefficiency.

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Definitions:

States

Within a context of psychology, states refer to temporary conditions of an individual, such as emotions or consciousness. In geography, states refer to territories with a centralized government.

Single By Choice

The state of choosing to remain unmarried and/or without a romantic partner out of personal preference rather than external circumstances.

Describe Themselves

This refers to the process by which individuals articulate or express their own attributes, characteristics, and feelings verbally or through other means of communication.

Attributes

Characteristics or qualities that describe an object, person, or phenomenon.