All of the Following Are Necessary for Budgets to Be

question 165

Multiple Choice

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

• A) Employees affected by a budget should be consulted when it is prepared.
• B) Evaluations should be made carefully with opportunities to explain differences between actual and budgeted amounts.
• C) Goals should be challenging and attainable.
• 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:

Human Genomes

The complete set of genetic material, including all genes and their sequences, in a human organism.

Genus Homo

A genus of the family Hominidae that includes modern humans (Homo sapiens) and several extinct species.

Origins

The point or place where something begins, arises, or is derived.