Which of the following is not one of the advantages of budgeting? a. The budgeting process can uncover potential bottlenecks before they occur. b. Budgets force managers to think about and plan for the future. c. Budgets communicate the results of the entire organization. d. Budgets define goals that can serve as benchmarks for evaluating performance.

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter7: Budgeting
Section: Chapter Questions
Problem 1MC: Which of the following is not a part of budgeting? A. planning B. finding bottlenecks C. providing...
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Which of the following is not one of the advantages of budgeting?
a. The budgeting process can uncover potential bottlenecks before they occur.
b. Budgets force managers to think about and plan for the future.
c. Budgets communicate the results of the entire organization.
d. Budgets define goals that can serve as benchmarks for evaluating performance.
Transcribed Image Text:Which of the following is not one of the advantages of budgeting? a. The budgeting process can uncover potential bottlenecks before they occur. b. Budgets force managers to think about and plan for the future. c. Budgets communicate the results of the entire organization. d. Budgets define goals that can serve as benchmarks for evaluating performance.
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