Question

The major objectives of a budgeting process should include all the following EXCEPT:

Group of answer choices
a. providing coordination among the subunits.
b. providing communication among the subunits.
c. providing unyielding commitment to targets to achieve a target profit.
d. providing a framework for judging performance and facilitating learning.

Answer 1

The major objectives of a budgeting process should include providing coordination among the subunits, providing communication among the subunits, and providing a framework for judging performance and facilitating learning.

Step-by-step explanation:

The major objectives of a budgeting process should include providing coordination among the subunits, providing communication among the subunits, and providing a framework for judging performance and facilitating learning. However, the major objectives of a budgeting process should NOT include providing unyielding commitment to targets to achieve a target profit. While budgeting may involve setting targets and goals, the key focus should be on coordination, communication, performance evaluation, and learning.