Asked by
Ariel Yisrael
on Oct 15, 2024
Verified
Which of the following is not a result of following a well-designed budgeting process?
A) Improved decision-making processes.
B) Improved performance evaluations.
C) Improved coordination of business activities.
D) Assurance of future profits.
E) Improved communication of management's action plans.
Assurance of Future Profits
A form of guarantee or promise that endeavors to ensure or secure profit generation in future business activities.
- Gain an understanding of the key principles and techniques for effective budget planning and oversight.
- Comprehend the constraints and possible adverse effects linked to budgeting methods.
Verified Answer
SN
Learning Objectives
- Gain an understanding of the key principles and techniques for effective budget planning and oversight.
- Comprehend the constraints and possible adverse effects linked to budgeting methods.