Which of the following benefits is not provided by the budgeting process?

A) Benchmarks
B) Performance evaluation
C) Competitive strategy
D) Facilitates communication

Question

Which of the following benefits is not provided by the budgeting process?A)  BenchmarksB)  Performance evaluationC)  Competitive strategyD)  Facilitates communication

Morgan Estes · Accepted Answer

Final Answer : C, Explanation :  The budgeting process is primarily focused on the allocation of resources and planning for financial goals. While competitive strategy may be considered during the budgeting process, it is not a direct benefit provided by the process itself.

Which of the following benefits is not provided by the budgeting process?

A) Benchmarks
B) Performance evaluation
C) Competitive strategy
D) Facilitates communication

Definitions

Learning Objectives

Learning Objectives

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