Which of the Following Is Not a Benefit Derived from Budgeting

question 31

Multiple Choice

Which of the following is not a benefit derived from budgeting?

• A) Budgeting focuses management's attention on the future.
• B) Budgeting provides coordination of departments.
• C) Budgeting provides a basis for evaluating performance.
• D) Budgeting provides motivation for managers and employees.
• E) Budgeting ensures the achievement of all goals.

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Definitions:

Egocentrism

In developmental psychology, a cognitive characteristic where an individual is unable to differentiate between their own perspective and that of another person, often seen in young children.

Accommodation

The cognitive process of revising existing cognitive schemas, perceptions, and understanding to integrate new information.

Conservation

Conservation is the act of preserving, protecting, or restoring natural environments, historical artifacts, and other significant items from damage or destruction.

Social Development

The process by which individuals learn and adopt the values, norms, and behaviors that are considered appropriate in their society, facilitating integration and interaction within their community.