The Main Function of Budgeting Is To

question 41

Multiple Choice

The main function of budgeting is to:

• A) prepare periodic reports that comply with taxation regulations.
• B) provide management with a projection of the activities necessary to reach their established goals.
• C) provide an independent examination of the entity's financial statements.
• D) conduct ongoing reviews to ensure that established procedures and policies are being followed.

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Definitions:

Percent.format

A method used to format numbers as percentages typically found in internationalization or number formatting libraries.

Efficiency

The measure of the effectiveness of a process or system, often evaluated in terms of time, energy, or cost.

Importing Package

In Java, the act of incorporating existing classes and interfaces from a package into your code.

System.out.printf

A method in Java that allows formatting and printing data to the console or output stream.