These statements are proper to the budgeting process except A It is part of management's responsibility to plan the use of its resources 8. It is a tool to orchestrate the various functions of operations in a business C. The involvement of various levels of individuals in the company is necessary to gain acceptance and attain its goals. D. Actual results need not be compared with plan, since the process ends after the budget is approved
These statements are proper to the budgeting process except A It is part of management's responsibility to plan the use of its resources 8. It is a tool to orchestrate the various functions of operations in a business C. The involvement of various levels of individuals in the company is necessary to gain acceptance and attain its goals. D. Actual results need not be compared with plan, since the process ends after the budget is approved
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:2. These statements are proper to the budgeting process except:
A. It is part of management's responsibility to plan the use of its resources
B. It is a tool to orchestrate the various functions of operations in a business
C. The involvement of various levels of individuals in the company is necessary to gain acceptance and attain its goals.
D. Actual results need not be compared with plan, since the process ends after the budget is approved.
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