Asked by Melissa Shular on Apr 24, 2024
Verified
One disadvantage of budgeting is that budgeting makes it more difficult to coordinate the plans and activities of departmental managers.
Departmental Managers
Individuals responsible for overseeing the operations of specific departments within an organization, ensuring goals and objectives are met.
Budgeting
Budgeting is the process of creating a plan to spend your money, allocating financial resources to various tasks or departments within an organization.
- Understand how budgeting aids in planning, controlling, and coordinating efforts in an organization.
Verified Answer
RZ
Rhyanna Zepeda7 days ago
Final Answer :
False
Explanation :
Budgeting actually helps in coordinating plans and activities of departmental managers as everyone is working towards a common goal and budget goals are aligned with organizational objectives.
Learning Objectives
- Understand how budgeting aids in planning, controlling, and coordinating efforts in an organization.
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