MCQ QUESTION

Below is a list of disadvantages that may associate to Beyond Budgeting. Select which one is not associated to Beyond Budgeting. Select one: O a Without a budget, there is no overall framework of control which allows companies to plan, co-ordinate and control their activities. o b. There is a lack of a road map which details where a business is and where it wants to go. O c. Budgets may be very deeply ingrained in an organisation's fabric and operating culture. d. Focuses on cost reduction not value creation A fixed cost is one that generally: Select one: Varies in total during the accounting period as volume of activity changes Stays constant from year to year o Stays constant per unit Stays constant in total during the accounting period as volume of activity changes within the relevant range) Outsourcing involves: Select one: Hiring external assets to complete a job The purchase of external labour to finish a contract Offering the contract to a competitor who has capacity to finish the job on time Obtaining goods from outside suppliers rather than making the goods within the business