which of the following statements about the costminus benefit approach is true? - course hero

by Dillan West 10 min read

What are behavioral considerations in budgeting?

Explanation: The behavioral considerations of budgeting encourage managers and other employees to strive for achieving the goals of the organization.

What is management primarily?

7) Management is primarily a human activity that should focus on encouraging individuals to do their jobs better.

Is cost benefit easy to measure?

B) In a cost-benefit analysis, both costs and benefits are not easy to measure.

What is accrual accounting?

d. Accrual accounting provides a uniform method to measure an organization's financial performance.

Is cost benefit approach appropriate for a decision to install a budgeting system?

a. A cost-benefit approach would not be appropriate for a decision to install a budgeting system.

Is d. relevant in today's cost accounting environment?

d. is not relevant in today's cost accounting environment.

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