Which among the following is not an element of budgeting? a. Budgeting should state the firm’s expectations clearly b. The targets fixed should be very high in budgeting. c. Good system of accounting is essential. d. The authority and responsibility should be clearly fixed.
Which among the following is not an element of budgeting? a. Budgeting should state the firm’s expectations clearly b. The targets fixed should be very high in budgeting. c. Good system of accounting is essential. d. The authority and responsibility should be clearly fixed.
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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Question
Which among the following is not an element of budgeting?
a.
Budgeting should state the firm’s expectations clearly
b.
The targets fixed should be very high in budgeting.
c.
Good system of accounting is essential.
d.
The authority and responsibility should be clearly fixed.
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