Which of the Following Statements Is True of the Budgeting

question 77

Multiple Choice

Which of the following statements is true of the budgeting process?

• A) If a company carefully plans for its future, there will be no need to make modifications during the budget period.
• B) It is a continuous process that encourages communication.
• C) It shows the actual performance of the business.
• D) Managers and employees are motivated to accept the budget's goals because they enjoy having their work monitored and evaluated.

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Definitions:

Predispositions

Tendencies or inclinations to think, act, or feel in a particular way that may be influenced by genetic, environmental, or psychological factors.

Five-factor Model

A model that describes personality using five broad dimensions: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Everyday Behaviors

The typical actions or reactions of individuals in their daily life.

Learned Responses

Reactions or behaviors that are acquired through experience or conditioning rather than being innate.