The Statement That Is not True Is

question 18

Multiple Choice

The statement that is not true is:

• A)Preparing operating budgets for service businesses is normally simpler than preparing them for retailers or manufacturers
• B)A service business does not need to prepare a cash budget
• C)GST estimates need to be included in a cash budget
• D)The emphasis in budgeting for not-for profit organisations tends to be on cash flows and the final cash position rather than on profits,income and expenditure

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Definitions:

Classical

Pertaining to classical theory, often referring to the traditional methods or styles in art, literature, music, or management theories developed during the industrial revolution focusing on efficiency, specialization, and hierarchical organization.

Organizational Theorists

are scholars and researchers who study the structures, processes, and behavior within organizations to understand their function and design effective management practices.

Organic

Pertains to living organisms or their derivatives; in a broader sense, refers to something that evolves naturally, without forced methods or artificial components.

Span Of Control

The number of direct reports or subordinates that a manager or supervisor is responsible for overseeing.