Which of the following is not a benefit of budgeting?
a. It reduces the need for tracking actual cost
b. It sets benchmarks for evaluation of performance
c. It uncovers potential bottlenecks
d. It formalizes a manager's planning efforts
Recently Asked Questions
- If notes payable are used as a balancing item in the pro forma balance sheet, which of the following activities is most likely to decrease the final number for
- Why does the Government encourage people to become educated ?
- A pharmaceutical company in Utah recently released a new and expensive anti-ulcer drug in the market . The company justifies the high price of the drug by