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Budgeting
?
All of the following are criticisms of the traditional budgeting process except that it
Makes across-the-board cuts when early budget iterations show that planned expenses are too high.
Incorporates non-financial measures as well as financial measures into its output.
Overemphasizes a fixed time horizon, such as one year.
Is not used until the end of the budget period to evaluate performance.
Show Result
Correct
- Your answer is correct.
Wrong
- Your answer is wrong.
Detailed Answer
Answer (B) is correct. Traditional budgeting focuses strictly on financial measures.
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