Which Is Not One of the Benefits of Using Budgeting

question 20

Multiple Choice

Which is not one of the benefits of using budgeting software?

• A)Reduce the time and effort involved in the budget process.
• B)Make planning an ongoing continuous process.
• C)Evaluate buy-versus-lease options
• D)Automatically monitor exceptions for patterns and trends.

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Definitions:

TMX Group

A Canadian financial services company that operates multiple securities exchanges, including the Toronto Stock Exchange (TSX) and TSX Venture Exchange.

Toronto Stock Exchange

A major stock exchange in Canada, where shares of companies are bought and sold.

TSX Venture Exchange

A Canadian stock exchange for small and emerging companies, focusing on microcap and emerging markets.

S&P/TSX 60 Index

A stock market index of 60 large companies listed on the Toronto Stock Exchange, representing leading sectors in Canada.