budgeting

fenil 23 April 2020 at 16:57 PM

Question  Certain phases of the planning process should be formalized for all of the following reasons
except:
A) Formalization provides a logical basis for rational flexibility and planning.
B) Informal plans and goals lack the necessary precision, understanding, and consistency.
C) Formal plans can act as a constraint on the decision-making freedom of managers and supervisors.
D) Formalization requires the establishment and observance of deadlines for decision-making and
     planning.
Answer Option  C

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FACULTY 18 May 2020 at 12:38 PM

Formal plans can act as a constraint on the decision-making freedom of managers and supervisors.(option C)

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