Which of the Following Statements About Budgeting Is False

question 137

Multiple Choice

Which of the following statements about budgeting is false?

• A)Budgeting is an aid to planning and control.
• B)Budgets create standards for performance evaluation.
• C)Budgets help coordinate the activities of the entire organization.
• D)Budgeting forces managers to think ahead and formalize long-range objectives.
• E)The master budget should only be prepared by top management.

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Definitions:

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The physiological reaction or injury caused by electric current passing through the body, potentially resulting in anything from a slight tingling sensation to immediate cardiac arrest.

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The process by which a cell divides into two or more cells, a fundamental process for growth, repair, and reproduction in organisms.

Fusion

The process of merging or combining two or more entities into one, which can occur in biological, chemical, or physical contexts.

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Relating to the early stages of human development within the womb, from conception to the eighth week of pregnancy.