Which of the Following Is an Example of the Planning

question 89

Multiple Choice

Which of the following is an example of the planning function of a budget?

• A)A budget demands integrated input from different business units and functions.
• B)Employees are motivated to achieve the goals set by the budget.
• C)Budget figures are used to evaluate the performance of managers.
• D)The budget outlines a specific course of action for the coming period.

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Definitions:

Net Present Value

A method used in finance to assess the value of an investment by calculating the present value of its expected future cash flows minus the initial investment.

Policy Change

Modifications or adjustments to existing rules, procedures, or regulations within an organization or government.

Mandatory Separation

A policy or regulation requiring a business to divide or split its operations, often for anti-monopoly or regulatory compliance reasons.

Recyclables

Materials or products that can be converted into reusable material through the recycling process.