Which of the Following Is a Benefit Derived from Budgeting

question 133

Multiple Choice

Which of the following is a benefit derived from budgeting?

• A)Budgeting focuses management's attention on past performance.
• B)Budgeting avoids needing industry and economic factors in decision making.
• C)Budgeting provides a basis for evaluating performance.
• D)Budgeting avoids the need for incentives to improve employee performance.
• E)Budgeting eliminates the need for coordination across departments.

Analyze the role of influence tactics in managerial effectiveness.

Recognize the concept of power in organizational relationships and its different sources.

Understand the basis and impact of leadership theories, including path-goal and behaviorism.

Differentiate between standard intelligence and emotional intelligence and their relevance to leadership.

---

Definitions:

Flights

Scheduled air services between two points, but in business terms, it can also refer to a rapid execution of a series of tasks or operations.

Plane Operating Costs

The expenses related to operating an aircraft, including maintenance, fuel, and crew expenses.

Planning Budget

A planning budget is formulated prior to a budget period and is based on management's objectives, serving as a guide for financial planning and performance evaluation.

Flights

Refers to scheduled air travel trips or could imply the launching or operation of aircraft.