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:

Stimulant

A substance that raises levels of physiological or nervous activity in the body.

Opiate

Refers to a group of drugs derived from opium used for their analgesic, sedative properties, and can lead to addiction.

Endorphins

Natural chemicals produced in the brain that act as painkillers and are associated with feelings of pleasure and euphoria.

Psychoactive Drugs

Substances that alter brain function, resulting in temporary changes in perception, mood, consciousness, and behavior.