Preparing a Budget Does Not Allow Managers to

question 165

Multiple Choice

Preparing a budget does not allow managers to

• A)Eliminate any variances that would have been created without a budget.
• B)Help divisions within the organization to communicate with one another.
• C)Assess whether a division's strategic direction is in line with corporate strategy.
• D)All of these ans choices are things which preparing a budget allows managers to do.

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Definitions:

Corporation

A legal entity that is separate and distinct from its owners, capable of conducting business, owning assets, and being liable for debts.

Paralegals

Individuals trained in subsidiary legal matters but not fully qualified as lawyers, who perform tasks requiring knowledge of the law and legal procedures under the supervision of a lawyer.

Banned

Prohibited by law or regulation from use, distribution, or production.

Business Entities

Structures established by one or more individuals to conduct business or engage in activities for profit, including corporations, partnerships, and sole proprietorships.