Which of the Following Is an Advantage of Budgeting

question 57

Multiple Choice

Which of the following is an advantage of budgeting?

• A)Budgets help managers by eliminating risk,as they show actual values of expected activities.
• B)Budgets form a part of the financial statements of a company.
• C)Budgets help managers by identifying potential constraints.
• D)Budgets contain only dollar values and this helps in analyzing actual performance.

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Definitions:

Oral Stage

A phase in Freudian psychosexual development where an infant's pleasure centers are in the mouth, leading to behaviors like sucking and biting.

Freud

Refers to Sigmund Freud, an Austrian neurologist and the founder of psychoanalysis, a method for treating psychopathology through dialogue between a patient and a psychoanalyst.

Sarcastic Manner

A form of verbal irony that involves saying something in a way that means the opposite, often for humorous or emphatic effect.

Defense Mechanism

Psychological strategies used unconsciously by individuals to protect themselves from anxiety or guilt by denying or distorting reality.