Select the Incorrect Statement About Budgeting Committees

question 103

Multiple Choice

Select the incorrect statement about budgeting committees.

• A) Membership on the budget committee is restricted most often to accountants because the budget involves numbers.
• B) Budget committees usually have responsibility for the coordination of budgeting activities.
• C) The budget committee is responsible for settling disputes between various departments over budget matters.
• D) One of the responsibilities of the budget committee is to monitor the organization's progress toward achieving its budget standards.

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Definitions:

Closed-Loop

A system control method where the output influences the input through feedback to maintain a desired system behavior.

Servo Motor System

A servo motor system is a closed-loop system utilizing a feedback mechanism to control the position, speed, or torque of a motor accurately, commonly used in precision applications.

Token Passing

A network communication protocol where a token, or a small data packet, is passed among nodes to control which one can transmit data at any given time, preventing collisions.

Network Access Control

Security protocol that restricts the access to networks by devices based on a set of security policies or rules to protect network resources.