Which of the Following Is a Benefit Associated with Budgeting

question 38

Multiple Choice

Which of the following is a benefit associated with budgeting?

• A) Promotes planning and coordination.
• B) The ability to take corrective action to improve performance.
• C) Enhances performance measurement.
• D) All of the answers are correct.

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Definitions:

Microsoft Excel

A spreadsheet program developed by Microsoft that allows users to organize, format, and calculate data with formulas using a system of rows and columns.

Expert System

Computer program that imitates human thinking through complicated sets of “if-then” rules.

Human Thinking

The cognitive process that includes reasoning, problem-solving, and decision-making by humans.

Expert System

A computer system that emulates the decision-making ability of a human expert in a specific domain.