Question

Which of the following is NOT a benefit of​ budgeting: A. Promotes coordiation of activity. B....

Which of the following is NOT a benefit of​ budgeting:

A.

Promotes coordiation of activity.

B.

Allows an early warning system.

C.

Leads to better awareness of the business by managers.

D.

Guarantees profitability.

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Homework Answers

Answer #1

Answer: Option D) Guarantees profitability

Explanation:

Budgeting is more improtant in every day life of every business entity or any organization and also every person in their life.

Budgeting is a prepland for the usage of expenditure and planning for activities.

The budget promotes coordiation of activity.

It allows an early warning system for any losses and any extra expenses which does not needed.

The budget is useful to leads managers for better awareness of the business.

The budget doesnot have a guarantee profitability because of every budget is different and every one thinks differently.

Thus, option D) is correct and remaining options are incorrect.

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