Answer -
Planning is a first and foremost managerial function that managers perform in an organizations and the budgeting is part of planning.
Hence, Option - (B) is Correct.
Note - Option - (A), Option - (C) and Option - (D) are incorrect, because all these are not a part of planning.
Budgeting is part of which of the following activities managers perform in organizations? Multiple Choice Motivating...
Budgeting is part of which of the following activities managers perform in organizations? Multiple Choice Directing. Planning Motivating. Controlling
Identifying alternatives and selecting the best among them is part of which of the following activities which managers carry on in organizations? Multiple Choice Motivating Directing Controlling Planning
Identifying alternatives and selecting the best among them is part of which of the following activities which managers carry on in organizations? Multiple Choice Directing Controlling o Planning. o Motivating.
Day-to-day decision making is most common to which of the following activities managers are expected to carry on in organizations? Multiple Choice Directing and motivating. Budgeting, Strategy formulation. Planning
Which of the following is not a result of following a well-designed budgeting process? Multiple Choice Improved decision-making processes. Improved performance evaluations. Improved coordination of business activities. Assurance of future profits. Improved communication of management's action plans.
Which of the following is an advantage of decentralization? Multiple Choice Decentralization motivates managers to improve productivity. Authority and responsibility is not clear. None of these. Decentralization encourages lower-level managers to focus on strategic decisions.
As mentioned in Exhibit P-1 of our textbook, managerial accounting helps managers perform three vital activities - planning, controlling, and decision making. Write a brief 2-3 page paper about your employer or a favorite business you personally visit or are a patron (Starbucks, Netflix, Planet Fitness, etc.) and discuss the risks they face in their industry that can influence their planning, controlling, and decision-making activities. Include specific examples of threats for all three areas and make suggestions for how they...
Which of the following is NOT an objective of the budgeting process? Multiple Choice O To uncover potential bottlenecks before they occur. O To ensure that the company continues to grow. O C) To provide a means of allocating resources to those parts of the organization where they can be used most effectively O To communicate management's plans throughout the entire organization.
Which of the following is not a cost of decentralization? Multiple Choice 0 Managers in a decentralized organization might have a narrow focus on their own unit's performance rather than the attainment of their organization's overall goals 0 O Managers in a decentralized organization might make the same types of decisions that are being made at headquarters resulting in administrative duplication 0 Delegating decision making to the lowest level possible enables an organization to respond in a timely way to...
Which of the following organizations is (are) part of the executive branch of the federal government? Multiple Choice Government Accountability Office Office of Management and Budget Both Government Accountability Office and Office of Management and Budget Neither Government Accountability Office nor Office of Management and Budget