Asked by Kayla Lippoldt on Jul 15, 2024
Verified
The budgeting process does not involve which of the following activities?
A) establishment of specific goals
B) periodic comparison of actual results to goals
C) execution of plans to achieve goals
D) increased marketing efforts to boost sales
Specific Goals
Objectives that are clearly defined, precise, and often measurable, aiding in strategy development and performance assessment.
Actual Results
The real, measured outcomes or performance of an entity's operations, projects, or investments, typically assessed against budgeted or forecasted figures.
Execution Plans
An execution plan is a detailed outline created by a database management system showing how it will execute operations to address a specific query, typically detailing the data retrieval methods and join algorithms.
- Understand and describe the budgeting process and its components.
Verified Answer
Learning Objectives
- Understand and describe the budgeting process and its components.
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