WorldatWork Business Acumen for Compensation Professional C8 Question # 2 Topic 1 Discussion

WorldatWork Business Acumen for Compensation Professional C8 Question # 2 Topic 1 Discussion

C8 Exam Topic 1 Question 2 Discussion:
Question #: 2
Topic #: 1

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


Get Premium C8 Questions

Contribute your Thoughts:


Chosen Answer:
This is a voting comment (?). It is better to Upvote an existing comment if you don't have anything to add.