One Objective of Budgeting Is Motivating Managers to

question 66

Multiple Choice

One objective of budgeting is motivating managers to

• A) Eliminate all variances.
• B) Use resources efficiently.
• C) Lessen the need for communication.
• D) Establish prices for external sales of goods and services.

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Definitions:

Television Ads

Short visual advertisements broadcasted on television intended to inform or persuade viewers on various products, services, or political campaigns.

Anticipated Growth Rate

The expected rate at which a company, economy, or investment is projected to grow over a specific period.

Constant Growth Stock

A stock from a company which is expected to grow dividends at a constant rate indefinitely.

Last Dividend

The most recent dividend payment per share distributed to shareholders by a corporation.