4. CSO: 1A1b LOS: 1A1e
Which one of the following statements concerning approaches for the budget
development process is correct?
a. The authoritative approach to budgeting discourages strict adherence to strategic
organizational goals.
b. To prevent ambiguity, once departmental budgeted goals have been developed,
they should remain fixed even if the sales forecast upon which they are based
proves to be wrong in the middle of the fiscal year.
c. With the information technology available, the role of budgets as an
organizational communication device has declined.
d. Since department managers have the most detailed knowledge about
organizational operations, they should use this information as the building blocks
of the operating budget.
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