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    Multiple choice

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    True or False (if false, identify errors)

    a) The objectives of budgeting and the functions to which they relate are:
    1) establish specific goals=>planning
    2) executing plans to achieve goals => Directing
    3) Periodically comparing actual results established goals => Controlling

    b) True or false: (If false, identify errors)
    A zero-based budget reflects potential changes in the volume or activity level.

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    https://brainmass.com/business/budgets/multiple-choice-242633

    Solution Summary

    The solution explains some multiple choice questions relating to budgeting

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