Question: Rex a budget officer conducted a class for nonaccounting managers
Rex, a budget officer, conducted a class for nonaccounting managers and program directors on the subject of budgets. Rex began the class discussion by asking, â€śWhat are some of the uses of a budget?â€ť One manager replied, â€śPlanning.â€ť Another said, â€śEvaluating performance.â€ť Still another suggested, â€śCoordinating activities.â€ť â€śWhat about implementing plans?â€ť inquired another. â€śOr communicating them?â€ť added still another. â€śDonâ€™t forget motivation,â€ť one manager warned from the rear of the room. â€śIâ€™m on the school board,â€ť commented another, â€śand we use it to authorize actions.â€ť Finally, one manager asked, â€śCan budgets do all that?â€ť â€śYes,â€ť Rex responded, â€śall that and more.â€ť Select four of the uses suggested by the mangers, and explain how budgets accomplish those uses.
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