All of the Following Are Necessary for Budgets to Be

question 133

Multiple Choice

All of the following are necessary for budgets to be effective except:

• A)Goals should be challenging and attainable.
• B)Employees affected by a budget should be consulted when it is prepared.
• C)Evaluations should be made carefully with opportunities to explain differences between actual and budgeted amounts.
• D)Managers must be aware of potential negative outcomes of budgeting,such as budgetary slack.
• E)All budgeted amounts must be spent to ensure that budgets aren't reduced for the next period.

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Definitions:

Belongingness

The human emotional need to be an accepted member of a group, whether it is family, friends, colleagues, or within a community.

Evolutionary Psychologists

Scientists who study how evolutionary principles like natural selection have shaped human mind and behavior over time.

Religious Fulfillment

The sense of contentment, satisfaction, or happiness derived from engaging in religious or spiritual practices and beliefs.

Basic Needs

Fundamental requirements that serve as the foundation for survival, including food, water, shelter, and safety.