Which of the Following Better Explains 'Budget

question 1

Multiple Choice

Which of the following better explains 'Budget'? 

• A) A budget serves as a vehicle for delegating activities and responsibilities to lower management levels in the organization. 
• B) A budget serves as a vehicle for activities and responsibilities of senior management levels in the organization. 
• C) A budget serves as a vehicle for delegating activities and responsibilities to senior management levels in the organization. 
• D) A budget serves as a vehicle for monitoring activities and responsibilities of lower management levels in the organization.

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Definitions:

Indirect

A manner of communication in which messages are not expressed plainly or directly, requiring interpretation of context or underlying meaning.

Direct

A straightforward and honest way of communicating that conveys messages clearly and without ambiguity.

Subjective

Based on or influenced by personal feelings, tastes, or opinions, rather than external facts.

Social Institutions

Established sets of norms and structures that guide the behavior of individuals within a society, such as family, education, religion, and government.