Which of the Following Factors Is a Disadvantage of Preparing

question 44

Multiple Choice

Which of the following factors is a disadvantage of preparing operating budgets?

• A)It provides resource information that can be used to improve decision making.
• B)It improves communication and coordination.
• C)It aids in the use of resources and employees by setting a benchmark that can be used for the subsequent evaluation of performance.
• D)It can be very time consuming and resource intensive.

---

Definitions:

In-House Attorneys

Lawyers who are employed directly by a corporation or organization to provide legal services exclusively to their employer.

Legal Affairs

Relates to matters or activities associated with the law, legal processes, or the functioning of the legal system.

Financial Reports

Official records that outline the financial activities, status, and health of a business, organization, or individual.

Purchasing Decisions

The process involved in identifying and procuring goods and services based on need, quality, and price considerations.