Budgeting Provides All of the Following Except

question 109

Multiple Choice

Budgeting provides all of the following except:

• A) A means to communicate the organization's short-term goals to its employees.
• B) Support for management functions of planning and coordinating activities of the organization.
• C) A means to anticipate problems.
• D) An ethical framework for decision-making.
• E) A basis for motivating employee behavior.

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Definitions:

Price Discrimination

A pricing strategy where a firm sells the same product at different prices to different groups of consumers, based on their willingness to pay, without any differences in production cost.

College ID Cards

Identification cards issued by colleges or universities to students, faculty, and staff to access campus facilities and services.

Ice Cream Store

A retail shop specializing in selling ice cream and related desserts.

Single-Price Monopoly

A market situation where a monopoly exists and sells its product or service at a single price to all consumers without price discrimination.