Select the Incorrect Statement Regarding the Human Factor in the Budgeting

question 56

Multiple Choice

Select the incorrect statement regarding the human factor in the budgeting process.

• A) Budgets force employees to follow the organization's plan.
• B) The evaluation feature of budget systems is frightening for many people.
• C) There is a tendency for people to be uncomfortable with budgets.
• D) Proper handling of human relations is essential to the establishment of an effective budget system.

Identify effects of intra-team trust on team performance.

Analyze the significance of matching team members' skills with tasks for optimal performance.

Examine the characteristics of self-managed and cross-functional teams.

Comprehend how a team's performance is influenced by member organization and motivation.

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Definitions:

Foreign Investments

Investments made by individuals, companies, or governments in assets or business ventures in another country.

Interest Rates

The cost of borrowing money expressed as a percentage of the principal, or the return on investment.

Economists Define

A phrase indicating the beginning of a definition or explanation of a specific economic term or concept as provided by economists.

Business Inventories

The total amount of goods and materials held by a business for the future sale, production, or utilization.