Which of the Following Is an Example of the Coordination

question 72

Multiple Choice

Which of the following is an example of the coordination and communication function of a budget?

• A) Budget figures are used to evaluate the performance of managers.
• B) Employees are motivated to achieve the goals set by the budget.
• C) The budget outlines a specific course of action for the coming period.
• D) A budget requires integrated input from different business units and functions.

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Definitions:

Proportion

A part or fraction of a whole, often expressed as a percentage or ratio, reflecting the relative size or quantity of one quantity compared to another.

Population Proportions

Population proportions represent the fraction or percentage of members in a population that possess a particular attribute.

Confidence Level

The degree of certainty or probability with which one can expect a result to fall within a specified range.

Confidence Interval

A statistical interval estimate, used to indicate the reliability of an estimate.