COST ACCOUNTING
INTRODUCTION TO COST ACCOUNTING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is not a potential benefit of having a sound budgeting process?
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Improved decision-making.
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Improved performance evaluations.
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Improved coordination of business activities.
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Improved motivation for company employees.
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All of the above answers are benefits of budgeting.
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Explanation:
Detailed explanation-1: -The correct answer is: a. It uncovers potential bottlenecks before they occur.
Detailed explanation-2: -Which of the following is not a benefit of a careful and thorough budgeting process? Budgeted net income assures the company of operating profitably. Benefits derived from budgeting include all of the following except: Improved relationship with shareholders.
There is 1 question to complete.