Which of the Following Is a Major Benefit of Utilizing

question 160

Multiple Choice

Which of the following is a major benefit of utilizing a budgeting system?

• A)It always results in more profitable decisions.
• B)It is easier for managers than traditional decision-making models.
• C)It saves costs by utilizing historical data to make projections.
• D)It facilitates coordination and communication.
• E)Once a successful budget is developed, it can be re-used year after year.

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Definitions:

Topic Sentence

A sentence that introduces or summarizes the main idea in a paragraph.

Organization And Layout

The way in which the parts of something are arranged or laid out to form a cohesive and functional whole.

Logic

The study of reasoning, or the system of principles and rules that guide rational thought and argumentation.

Goodwill

The favorable reputation of a business seen as an intangible asset in the context of its value.