Budgeting supports the planning process by encouraging all ofthe following activities except:
A. Requiring all organizational units to establish their goals forthe
upcoming period
B. Increasing the motivation of managers and employees by
providing agreed-upon expectations
C. Coordinating operations between departments during theperiod
D. Improving overall decision making by considering all
viewpoints, options and costreduction possibilities.
24. The comprehensive budget plan linking all the individualbudgets related tosales, cost of goods sold, operating expenses,projects, capital expenditures and cash is known asthe:
A. Cash budget
B. Capitalexpenditures budget
C. Continuousbudget
D. Masterbudget
25. A variant of fiscal-year budgeting whereby a twelve-monthprojection into the future is maintained at all times istermed:
A. Flexible budgeting
B. Continuous budgeting
C. Zero-based budgeting
D. Master budgeting
Budgeting supports the planning process by encouraging all ofthe following activities except:
A. Requiring all organizational units to establish their goals forthe
upcoming period
B. Increasing the motivation of managers and employees by
providing agreed-upon expectations
C. Coordinating operations between departments during theperiod
D. Improving overall decision making by considering all
viewpoints, options and costreduction possibilities.
24. The comprehensive budget plan linking all the individualbudgets related tosales, cost of goods sold, operating expenses,projects, capital expenditures and cash is known asthe:
A. Cash budget
B. Capitalexpenditures budget
C. Continuousbudget
D. Masterbudget
25. A variant of fiscal-year budgeting whereby a twelve-monthprojection into the future is maintained at all times istermed:
A. Flexible budgeting
B. Continuous budgeting
C. Zero-based budgeting
D. Master budgeting