COST ACCOUNTING
THE MASTER BUDGET
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
What is NOT one of the benefits of budgeting?
|
|
Planning ahead
|
|
|
Creating early warning system
|
|
|
Knowing the future will always be correct
|
|
|
Motivating personnel
|
Explanation:
Detailed explanation-1: -Which of the following is not a benefit of budgeting? It enables disciplinary action to be taken at every level of responsibility. Budgeting does not necessarily enable disciplinary action to be taken at every level of responsibility.
Detailed explanation-2: -The correct answer is option D. Preventing net operating losses is not a part of budgeting.
There is 1 question to complete.