T/F

A budget can be an effective means of communicating management's plans to employees. True or False True False Larger, more complex organizations usually require a longer time to prepare their budgets than smaller organizations because of the considerable effort to coordinate the different units within the business True or False True False Activity-based budgeting is a budget system based on expected activities and their levels for the budget period, which helps management plan for the resources required True or False True False A cash budget shows the expected cash receipts and cash payments during the budget period. True or False I True True False