ECONOMICS
BUDGETING
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
ZMobile Telephone company has been forced by competition to put much more emphasis on planning and controlling its costs. The company’s financial controller has suggested initiating a formal budgeting process. Which of the following steps will NOT help the company gain maximum acceptance by employees of the proposed budgeting system?
|
|
Demonstrating top management support for the budgeting program
|
|
|
Ensuring that favorable deviations of actual results from the budget, as well as unfavorable deviations, are discussed with the responsible managers.
|
|
|
Implementing the change quickly
|
|
|
Including in departmental responsibility reports only those items that are under the department manager’s control
|
Explanation:
There is 1 question to complete.