Which of the Following Statements About Budgeting Is NOT True

question 188

Multiple Choice

Which of the following statements about budgeting is NOT true?

• A) The operating budget should be prepared by top management, rather than mid-management personnel, because they have the overall objectives of the company in mind.
• B) Budgeting is an aid to planning and control.
• C) Budgets help to coordinate the activities of the entire organization.
• D) Budgets promote communication and coordination between departments.

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Definitions:

Limbic System

A complex set of brain structures located on both sides of the thalamus, immediately beneath the cerebrum, involved in various functions including emotions, behavior, and long-term memory.

Medulla

Part of the brainstem that controls vital bodily functions such as heartbeat and breathing.

Cerebellum

The part of the brain at the back of the skull in vertebrates, which coordinates and regulates muscular activity.

Sympathetic Nervous System

Part of the autonomic nervous system that prepares the body for quick response to stress or danger, often referred to as the "fight or flight" response.