Which of the following is a benefit of using​ budget-management software? ​(check all that​ apply).   Allows companies to determine the exact amount of sales that will be achieved in the upcoming fiscal period.   Allows companis with multiple business segments to comine financial data from each of its segments to prepare company-wide budgeted financial   Allows managers to access the budget from several locations through the internet.   Allows managers to perform sensitivity analysis on each individual business segment.

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter7: Budgeting
Section: Chapter Questions
Problem 6MC: Which of the following is true in a bottom-up budgeting approach? Every expense needs to be...
icon
Related questions
Question
Which of the following is a benefit of using​ budget-management software? ​(check all that​ apply).
 
Allows companies to determine the exact amount of sales that will be achieved in the upcoming fiscal period.
 
Allows companis with multiple business segments to comine financial data from each of its segments to prepare company-wide budgeted financial
 
Allows managers to access the budget from several locations through the internet.
 
Allows managers to perform sensitivity analysis on each individual business segment.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Quality control
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Principles of Accounting Volume 2
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College
Financial And Managerial Accounting
Financial And Managerial Accounting
Accounting
ISBN:
9781337902663
Author:
WARREN, Carl S.
Publisher:
Cengage Learning,
Managerial Accounting
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub
Cornerstones of Cost Management (Cornerstones Ser…
Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning
Excel Applications for Accounting Principles
Excel Applications for Accounting Principles
Accounting
ISBN:
9781111581565
Author:
Gaylord N. Smith
Publisher:
Cengage Learning
Principles of Cost Accounting
Principles of Cost Accounting
Accounting
ISBN:
9781305087408
Author:
Edward J. Vanderbeck, Maria R. Mitchell
Publisher:
Cengage Learning