A Budget Should/can Do All of the Following EXCEPT

question 137

Multiple Choice

A budget should/can do all of the following EXCEPT:

• A)be prepared by managers from different functional areas working independently of each other
• B)be adjusted if new opportunities become available during the year
• C)help management allocate limited resources
• D)become the performance standard against which firms can compare the actual results

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Definitions:

Datums

Datums are reference points, lines, or surfaces on an object against which measurements are made, serving as a foundation for geometric tolerances in engineering drawings.

Datum Feature Symbol

A symbol used in geometric dimensioning and tolerancing to specify a reference for measurements.

MMC

Maximum Material Condition; a feature size where it contains the maximum amount of material within the stated limits of size.

Perpendicularity

The state or condition of being perpendicular, meaning two lines or planes intersect at a right angle (90 degrees) to each other.