A Budget Can Do All of the Following EXCEPT

question 173

Multiple Choice

A budget can do all of the following EXCEPT:

• A)determine actual profitability.
• B)motivate managers.
• C)promote coordination among subunits.
• D)motivate employees.

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Definitions:

Accounts Receivable

Money owed to a company by its debtors for goods or services that have been delivered or used but not yet paid for.

Bonds

Fixed-income investments representing a loan made by an investor to a borrower, typically corporate or governmental, with terms defining the interest rate and maturity date.

Operating Expenses

Costs associated with the day-to-day operations of a business, excluding cost of goods sold (COGS).

Tax Liability

The total amount of tax that an individual or corporation is legally obligated to pay to an authority as the result of the occurrence of a taxable event.