Which of the following is not a primary purpose of budgeting? a] planning b] con
ID: 2417743 • Letter: W
Question
Which of the following is not a primary purpose of budgeting?a] planning b] controlling profit and operations c] evaluating performance and providing incentives d] facilitating communication and coordinating activities e] comparing the actual profitability of different product lines Which of the following is not a primary purpose of budgeting?
a] planning b] controlling profit and operations c] evaluating performance and providing incentives d] facilitating communication and coordinating activities e] comparing the actual profitability of different product lines
a] planning b] controlling profit and operations c] evaluating performance and providing incentives d] facilitating communication and coordinating activities e] comparing the actual profitability of different product lines
Explanation / Answer
Solution:
The answer to the above question is -
c] evaluating performance and providing incentives.
This is not the primary purpose of budgeting,
All other are the purposes for preparing budgets including planning, controlling etc.