Posted by: Pdfprep
Post Date: February 1, 2021
What best describes the primary purpose of budgeting?
A . Limiting spending to a fixed percentage of organizational revenue
B . Making choices about spending based on expectations of performance
C . Increasing profitability of the business annually to maximize shareholder/owner value
D . Complying with local legislation and maintaining accurate records to prepare financial reports and tax documents
Answer: B
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