Budget forecasting is: a. a control device for regulating ...

[BrownTown3]

Budget forecasting is:
 a. a control device for regulating spending in an organization.
 b. a guide to help managers handle risk and uncertainties.
 c. one of the major considerations for evaluating a manager.
 d. not unlike forecasting that is done in food service.

Question 2

Which of the following is NOT true regarding an organization's budget?
 a. A budget makes sure resources are being used to accomplish the overall purpose of the organization.
 b. A good budget does much more than quantify the allocation of resources.
 c. A budget is an organization's business plan expressed in financial terms.
 d. The budget is designed to support the agendas of individual managers.

[bob]

Answer to Question 1

d

Answer to Question 2

d

[BrownTown3]

Excellent

[olderstudent]

TYSM