Question: A budget is a (1) planning tool (2) control tool (3) means of communicating goals to all departments which is correct?

A budget is a

(1) planning tool

(2) control tool

(3) means of communicating goals to all departments

which is correct?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

I need with these problems/exercises listed below (chapters attached). You must use the chapters to fill out the guidance report which is attached. Using the data for March/April Column. Chapter...

Q:

I need with these problems/exercises listed below (chapters attached). You must use the chapters to fill out the guidance report which is attached. Using the data for March/April Column. Chapter...

Q:

Course Summary IS-100.b - Intro to Incident Command System (ICS 100) Lesson 1: Course Welcome & ICS Overview Course Goal The overall course goal is to promote effective response by: Familiarizing you...

Q:

EMA2601 Oct/Nov 2020 QUESTION 1: MULTIPLE-CHOICE QUESTIONS The environment in which technical people work 1.1 Read the following 3 statements: a) The 3Ps refer to profit, people and production. b)...

Q:

Assuming that Mrs. Smith meets Medicare criteria for the services described here, how many days of SNF care is Mrs. Smith entitled to during her most recent stay (assume that she qualifies for the...

Q:

Simulated Business JKL Industries Business and strategic planning FY 2014-2015...................................1 Operational...

Q:

Simulated Business JKL Industries Business and strategic planning FY 2014-2015...................................1 Operational...

Q:

Utilizing all that I have done below assist with answer 5.3, 5.4. Thank you in advance. 1. Problem Description and Diagnosis Discuss with your team what you see to be the possible strengths and...

Q:

Based on reading of Sections 7.2: "Monitoring and Control", 7.3: "Process Monitoring" and 7.3.1: "Stages of Operational Effectiveness" of the book Operations and Supply Chain Management for MBAs...

Q:

PRINTED BY: smj@staceymjohnson.com. Printing is for personal, private use only. No part of this book may be reproduced or transmitted without publisher's prior permission. Violators will be...

Q:

Do the iGAAP and U.S. GAAP conceptual frameworks differ in terms of the role of financial reporting? Explain.

Q:

26. What is the future value of an annual annuity of $5,000 deposited at the beginning of each year for 15 years if the account earns 8% annually? 27. What is the future value of an annual annuity of...

Q:

What register stores a temporary value that the callee procedure must save before performing it's task? Group of answer choices $at $ra $s 0 $v 0 $a 0 $t 0 $sp

Q:

Question 1 5 0 . 5 p t s Continental Insurance is drafting a new type of insurance policy. In drafting it , Continental must meet which of the following? federal statutory requirements for tort law...

Q:

How can you drive more traffi c to your Web site or to your communication channels?

Q:

Your boss lets you know that you keep arriving late to staff meetings, and this creates problems for everyone in att endance.

Q:

A work colleague criticizes you for your sloppy follow-through: you promised to do something and you didnt.