Asked by Kayla Lippoldt on Jul 15, 2024

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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.
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Verified Answer

RM
Rajan MishraJul 21, 2024
Final Answer :
D
Explanation :
The budgeting process involves establishing specific goals, comparing actual results to those goals, and executing plans to achieve the goals. Increased marketing efforts to boost sales is a strategy that might be part of a broader plan to meet budget goals, but it is not a direct activity of the budgeting process itself.