Which of the Following Statements About Budgeting Is INCORRECT

question 9

Multiple Choice

Which of the following statements about budgeting is INCORRECT?

• A) Budgeting is an aid to planning and control.
• B) Budgets promote communication and coordination between departments.
• C) Budgets help to coordinate the activities of the entire organisation.
• D) Budgeting is an accounting function and does not need involvement of operations personnel.

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Definitions:

United States

A country located in North America, consisting of 50 states and a federal district, known for its diverse geography and economy.

Portugal

A country located in Southern Europe on the Iberian Peninsula, known for its long history, cultural heritage, and maritime explorations.

Exchange Rate

The value of one country's currency expressed in terms of another country's currency.

United States

A country located in North America, consisting of 50 states and known for its large economy and diverse population.