A Manager Can Install a Budgeting System to Replace the Old

question 4

Multiple Choice

A manager can install a budgeting system to replace the old accounting system and to develop formal planning methods.Which of the following is not a correct statement or benefit of implementing the new budgeting system to trace costs?

• A)It compels managers to plan ahead.
• B)It compares actual to budgeted information.
• C)Managers learn and take action to make different decisions to improve firm performance.
• D)Managers can take corrective action with information discovered from budgeting.
• E)Time spent on implementing budgeting process is always easy to quantify.

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Definitions:

Depression

A mental health disorder characterized by persistently low mood, loss of interest in activities, and a range of other symptoms that inhibit daily functioning.

Eye Movements

The voluntary or involuntary shifting of the eye's focus from one point to another, which is crucial for various activities like reading and navigating.

EMDR

Eye Movement Desensitization and Reprocessing is a psychotherapeutic approach aimed at alleviating the stress linked to traumatic memories.

Psychotherapy

A broad term for treating mental health problems by talking with a psychiatrist, psychologist, or other mental health provider.