Cost Accounting (15th Edition)

Published by Prentice Hall
ISBN 10: 0133428702
ISBN 13: 978-0-13342-870-4

Chapter 6 - Master Budget and Responsibility Accounting - Assignment Material - Questions - Page 230: 6-6

Answer

I agree. Budgets help organizations weigh costs against expected benefits and encourage managers to make decisions that align with budgeted goals. They provide a framework for resource allocation and strategic actions, influencing managerial behavior to meet financial objectives.

Work Step by Step

I agree. Budgets help organizations weigh costs against expected benefits and encourage managers to make decisions that align with budgeted goals. They provide a framework for resource allocation and strategic actions, influencing managerial behavior to meet financial objectives.
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