Which of the Following Is Not a Benefit of a Careful

question 56

Multiple Choice

Which of the following is not a benefit of a careful and thorough budgeting process?

• A)Budgeting increases management's awareness of the company's external economic environment.
• B)Budgeted net income assures the company of operating profitably.
• C)The budget may provide advance warning of pending problems.
• D)Budgets provide a yardstick for evaluating future performance.

---

Definitions:

Percentile

A statistical measure indicating the value below which a given percentage of observations in a group fall.

Frequency Distribution

A mathematical function showing the number of instances in which a variable attains values within specified intervals.

Standard Distribution Table

A mathematical table used for finding areas under the curve of the standard normal distribution, often used in statistics.

Rental Price

The amount of money charged to rent a property, such as an apartment or house, typically billed on a monthly basis.