Chap 1 Budgeting Quiz (Autosaved).docx - BUSINESS 5200 CHAPTER 1 – BUDGETING QUIZ Michael Bethel Basic Finance 1 Which of the following is not a

Chap 1 Budgeting Quiz (Autosaved).docx - BUSINESS 5200...

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BUSINESS 5200 CHAPTER 1 – BUDGETING QUIZ Michael Bethel Basic Finance 1.Which of the following is nota strong reason for budgeting? A. Budgets provide a benchmark for judging performance.B. Budgeting requires little effort by non-accounting managers.C. Budgeting requires management toplan.D. Budgeting requires coordination among the functional areas of the firm. 2.The budgeting process that most likely creates an attitude supportive of achieving organization goals is: 3.A budgeting approach that implies little or no input from lower levels of management is known as the: 4.Budget slack is:
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BUSINESS 5200 CHAPTER 1 – BUDGETING QUIZ
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  • Spring '13
  • Clark
  • Expense, a. budgets

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