Which of the following statements is true? Select the correct answer from the uptions below Budgets can be too focused on costs Budgets do not focus primarily on sales Budgets focus on the managemer t's ethnicity Budgets focus mostly on pricing

Question

Which of the following statements is true? Select the correct answer from the uptions below Budgets can be too focused on costs Budgets do not focus primarily on sales Budgets focus on the managemer t's ethnicity Budgets focus mostly on pricing

Answer 1

The true statement is "A. Budgets can be too focused on costs".

Answer 2

## Step 1: Understand each statement In tackling this, we first consider each proposed answer independent from the others:"A. Budgets can be too focused on costs,"This may be true as budgets do allocate resources which essentially means they deal with costs."B. Budgets do not focus primarily on sales,"This is false, budgets primarily focus on both costs and sales; sales anticipated determines resources allocation which outlines the budget."C. Budgets focus on the management's ethnicity,"This is outrightly false, a budget focuses on financial planning not personal traits of an individual or a group."D. Budgets focus mostly on pricing,"This is inconsistent as budgets focus on total costs, resource allocation, and anticipated sales hence pricing is a component but not the "main" focus.

Question

Which of the following statements is true? Select the correct answer from the uptions below Budgets can be too focused on costs Budgets do not focus primarily on sales Budgets focus on the managemer t's ethnicity Budgets focus mostly on pricing

Answer

Answer

Explanation