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Below are the importance of a budget, except: A. Basis for performance evaluation B. Motivation for employees to achieve more than the budgeted target C.

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Below are the importance of a budget, except: A. Basis for performance evaluation B. Motivation for employees to achieve more than the budgeted target C. Manipulation of financial results D. Resource allocation Which of the following will not appear in a cash budget? . Machinery bought on hire purchase . Wages C. Sales revenue Depreciation of machinery D. Which of the following is NOT one of the benefits of budgeting? A. Budgets eliminate waste in an organization B. Budgets force managers to plan C. Budgets force managers to consider relations among operations across the entire value chain D. Budgets provide a benchmark that motivates employees

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