Barclay D asked:
Which of the following statements about budgeting is NOT ture?
A. Budgeting is an aid to planning and control
B. Budgets create standards for performance evaluation
C. Budgets help coordinate the activities of the entire organization
D. Budgeting forces managers to think ahead and formalize long-range objectives.
E. Budgeting eliminates the need for day-to-day monitoring of operation
Which of the following statements about budgeting is NOT ture?
A. Budgeting is an aid to planning and control
B. Budgets create standards for performance evaluation
C. Budgets help coordinate the activities of the entire organization
D. Budgeting forces managers to think ahead and formalize long-range objectives.
E. Budgeting eliminates the need for day-to-day monitoring of operation
E. Budgeting eliminates the need for day-to-day monitoring of operation