1. 1. Budgets are the same regardless of the size of an organization or management%u2019s role in the budgeting process.

2. 2.Budgets can include financial or nonfinancial data. In our organization, we plan the number of hours to be worked and the number of customer contacts we want our sale people to make.

3. All Budgets are complicated. You have to be an expert to prepare one.

4. 4.Budgets don%u2019t need to be highly accurate. No one in our company stays within the budget anyway.

Characteristics of Budgets, do you disagree or agree?