1. (TCO 1) Which one of the following is not a benefit of budgeting? (Points : 5

Question

1. (TCO 1) Which one of the following is not a benefit of budgeting? (Points : 5) It facilitates the coordination of activities. It provides definite objectives for evaluating performance. It provides assurance that the company will achieve its objectives. It provides early warning signs of potential threats 2. (TCO 2) Which of the following is not a qualitative forecasting method? (Points: 5) Executive opinions Sales force polling Delphi method Classical decomposition Points: 5) The t-statistic cannot be negative. The t-statistic measures how many standard errors the coefficient is away from the independent variable. The higher the t-value, the more confidence we have in the coefficient. Low t-values indicate high reliability

Explanation / Answer

Solution:-

1. Which one of the following is NOT a benefit of budgeting:-

c. Provides assurance that the company will achieve its objectives.

2. which of the following is not a qualitative forecasting method:-

d. classical decompositon

3. Which of the following statements regarding the t-statistic is true:-

c. The higher the t-value, the more confidence we have in coefficient

4. Which of the following statements regarding the risk associated with R&D activities is incorrect:-

a. The amount of time between the R&D activity and the cash flows from the project does not affect risk.

Note:- As per chegg guidelines if more than foru subpart is posted than we liable to answer only first four subpart.

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