Which of the Following Is a Benefit of Budgeting

question 11

Multiple Choice

Which of the following is a benefit of budgeting?

• A)Focuses management's attention on the future
• B)Improved decision-making processes
• C)Improved motivation by employees
• D)All of the above

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Definitions:

Slippery Slope

A logical fallacy or argument that suggests taking a minor action will lead to major and oftentimes negative consequences without providing evidence for such a drastic outcome.

Dichotomy

A division or contrast between two things that are represented as being entirely different.

Analogy

A comparison between two things, typically for the purpose of explanation or clarification, highlighting similarities in some respects.

False Dichotomy

A logical fallacy that presents two opposing options as the only possibilities, when in fact more options exist.