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.

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