Which of the following statement about budgeting is correct? ...
60.1K
Verified Solution
Link Copied!
Question
Accounting
Which of the following statement about budgeting is correct?
| Financial budgets are used as the basis for the preparation of the budgeted income statement.
| ||
| The participative budgeting for a year identifies long-term goals, selects strategies to achieve these goals, and develops policies and plans to implement the strategies.
| ||
| Lower-level managers are more likely to perceive results as fair and achievable under top-to bottom budgeting approach.
| ||
| The long-range planning identifies long-term goals, selects strategies to achieve these goals, and develops policies and plans to implement the strategies.
|
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.