Question Content Area

Click to watch the Tell Me More Learning Objective 1 video and then answer the questions below.

1. Budgeting involves ________.

a establishing specific goals

b executing plans to achieve the goals

c periodically comparing actual results with the goals

d All of these choices are correct.

MULTIPLE CHOICE

2. Budgeting affects all of the following managerial functions except ________.

a. planning

b. directing

c. controlling

d. None of these choices are correct.

MULTIPLE CHOICE