Asked by
nellie bykova
on Nov 01, 2024
Verified
The organizational process of budgeting performs several important functions.Which is true?
A) Assigns decision rights
B) Shares knowledge
C) Forces planning
D) Measures performance
E) All of the choices are correct
Organizational Process
The structured set of activities and tasks that an organization uses to coordinate work operations and achieve its objectives.
Knowledge Sharing
The process by which individuals exchange information, skills, or expertise in a way that benefits the organization or community.
Measures Performance
The process of evaluating the efficiency and effectiveness of actions or operations, typically through quantitative metrics.
- Understand and apply basic principles of budgeting and forecasting.
Verified Answer
DR
Learning Objectives
- Understand and apply basic principles of budgeting and forecasting.