Which of the Following Is True of Budgets When They

question 118

Multiple Choice

Which of the following is true of budgets when they are administered thoughtfully?

• A) They eliminate subjectivity in performance evaluation.
• B) They can eliminate the uncertainty faced by a company.
• C) They promote coordination within the subunits of a company.
• D) They are a substitute the planning and coordination functions of management.

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Definitions:

Percentile Rank

A statistical measure indicating the relative position of a score within a larger group, showing the percentage of scores it is equal to or greater than.

Standard Deviation

A statistic that measures the dispersion or variability in a dataset relative to its mean, indicating how spread out the numbers are.

Mean

The arithmetic average of a set of values, calculated by dividing the sum of these values by the number of values.