Which of the following is NOT a basic function of a budget? - 3741

Solution Posted by
Solution Detail
Price: $1.25
  • From: ,
  • Posted on: Mon 26 Mar, 2012
  • Request id: None
  • Purchased: 0 time(s)
  • Average Rating: No rating
Request Description

Which of the following is NOT a basic function of a budget?

A. Budgets provide the basis for corrective action when actual figures differ from the budgeted figures.

B. Budgets indicate the need for future financing.

C. Budgets allow for performance evaluation.

D. Budgets compare historical costs of the firm with its current cost performance. 

Solution Description

Which of the following is NOT a basic function of a budget?