During the 1990's tours to europe was popular, today many vacationers prefer cruises

Which of the following is an example of the benchmarking function of the budgeting process?

A) A budget demands integrated input from different business units and functions. B) Budgeting requires close cooperation between accountants and operational personnel. C) Budget figures are used to evaluate the performance of managers. D) The budget outlines a specific course of action for the coming period.

Which of the following statements is true when considering experimental versus non-experimental designs?

A) It is difficult in descriptive studies to establish the prior equivalence of the respondent groups with respect to both the independent and dependent variables. However, experiments can establish this equivalence. B) Descriptive research offers little control over other possible causal factors. C) In descriptive research, it is also difficult to establish time order of occurrence of variables. However, in an experiment, the researcher controls the timing of the measurements and the introduction of the treatment. D) All of the above statements are correct.