Which of the following is not a reason for budgeting?

A. Enables management to look forward into the future

B. Provides a standard for comparison to actual values

C. Requires management to consider multiple options and alternatives

D. Allows management to predict exact outcomes for the period

Why does management disregard some variances and only analyze/take action for significant variances?

	A.	Management is able to make decisions as to what variances they want to address based on personal preference, ther is not set criteria as to what they should analyze.
	B.	Some variances are so small in comparison to the size of the business, that they do not make an impact.
	C.	All variances should be analyzed no matter the size.
	D.	Some variances are too large in comparison to the size of the business. When they are too large, there is nothing management can do, so they simply don't address the issue.