One of the Criticisms of Traditional Budgeting Is Not Using

question 19

Multiple Choice

One of the criticisms of traditional budgeting is not using budgets to evaluate performance until the end of the budget period.Which of the following proposals for change would address this criticism?

• A)Link budgeting explicitly to strategy.
• B)Use Kaizen budgeting to guide areas for cost reduction before the end of the budget period.
• C)Inform employees of the need for continuous improvement in performance within the budget period.
• D)Balance financial aspects with non-financial aspects (such as quality and time).
• E)Rely strictly on extrapolation of past performance.

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Definitions:

Conscientiousness

Refers to a personality trait characterized by organization, dependability, and a strong sense of duty.

Eight Types

This term is too vague without further context but could refer to various classification systems in psychology, such as personality types, without specifying which.

Gardner

Howard Gardner is a developmental psychologist best known for proposing the theory of multiple intelligences, which suggests that intelligence is not a single general ability but a combination of various distinct types of cognitive capabilities.

Emotional

Pertaining to one's feelings or affective states, often influencing mood, behavior, and cognitive processes.