Which of the Following Statements About Budgeting Is Not True

question 119

Multiple Choice

Which of the following statements about budgeting is not true?

• A)Budgeting is an aid to planning and control.
• B)Budgets create standards for performance evaluation.
• C)Budgets help coordinate the activities of the entire organization.
• D)Budgeting forces managers to think ahead and formalize long-range objectives.
• E)Budgeting eliminates the need for day-to-day monitoring of operations.

Understand the characteristics and benefits of self-managing teams versus leader-led teams.

Grasp the impact of perceived equity on employee effort and motivation.

Comprehend the concept of group cohesiveness and its significance in the workplace.

Recognize personality traits that contribute to or detract from successful leadership.

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Definitions:

Work

A physical or mental effort done in order to achieve a purpose or result, often associated with employment or tasks.

Telecommuting

A work arrangement in which employees do not commute to a central place of work, instead working via electronic communications from a different location, often their home.

Advantages

The favorable factors or benefits that contribute to achieving success or a superior position.

Disadvantages

The negative or less favorable aspects of a situation, decision, or condition that may pose challenges or reduce effectiveness.