A Benefit of Budgeting Is That It Helps to C______________

question 24

Short Answer

A benefit of budgeting is that it helps to c______________ the various segments of the organisation by making each manager aware of how the different activities fit together.

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Definitions:

Payable To Bearer

Payable to bearer describes a financial instrument, such as a check or bond, that is payable to the holder or presenter of the document, rather than a specific individual.

Issued

Pertains to the official distribution or release of something, such as a document, currency, or product.

Holder

Any person in the possession of an instrument drawn, issued, or indorsed to him or her, to his or her order, to bearer, or in blank.

Promise

A person’s assurance that he or she will or will not do something.