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The goals and objectives of establishing budgeting in an organization include all of the following except: Multiple Choice the ability to decide whether goals can be achieved. the resources needed to carry out its tasks. the generation of anticipated revenues. the consistent application of generally accepted accounting principles. The systematic evaluation of information to address a decision problem is: Multiple Choice enterprise resource planning. big data. data visualization. data analytics. An opportunity cost is: Multiple Choice a cost that is charged against revenue in an accounting period. the foregone benefit from the best alternative course of action. the excess of operating revenues over operating costs. the cost assigned to the products sold during the period. Which of the following describes an outlay cost? Multiple Choice Past, present, or future cash outflow. Forgone benefit from the best alternative course of action. Cost charged against revenue in an accounting period. Expense assigned to products sold during a period