The benefits of budgeting include all of the following except:
A. Enabling the company to produce more for less cost.
B. Assigning responsibility for situations that require corrective action.
C. Coordinating activities between departments within the organization.
D. Creating standards for evaluating performance.
A
Business
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Indicate whether the statement is true or false
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Which of the following policies prevents a corporate officer from being sued for honest mistakes made on behalf of a corporation?
A) duty of loyalty B) duty of obedience C) business judgment rule D) self-dealing
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