Which of the Following Is NOT a Characteristic of the Budgeting

question 80

Multiple Choice

Which of the following is NOT a characteristic of the budgeting process?

• A) The budget process aids in performance evaluation.
• B) The budget process helps coordinate the activities of the organization.
• C) The budget process forces management to plan ahead.
• D) The budget process ensures that the business will make a profit.

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Definitions:

Consultative Close

A sales technique that involves recommending a solution or product based on the understanding of the customer's needs attained through consultation.

Personal Selling Process

A series of steps salespeople follow to engage potential buyers, understand their needs, and close sales, including prospecting, approaching, presenting, handling objections, and closing.

Apple Store

Retail outlets owned by Apple Inc., offering a variety of Apple products, accessories, and services.

Closing

The final step in a sale process where the transaction is concluded and the goods or services are exchanged for payment.