Question Tag: Budget Procedures

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MI – May 2016 – L1 – SA – Q10 – Budgeting

Identify the function that is not typically associated with a budget committee.

The functions of a Budget Committee include the following EXCEPT:

A. Establishment of budget procedures and timetable
B. Installation of production capacity for the business
C. Revision and acceptance of budgets
D. Co-ordination of business forecasts
E. Review of performance report

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MI – May 2016 – L1 – SA – Q10 – Budgeting

Identify the function that is not typically associated with a budget committee.

The functions of a Budget Committee include the following EXCEPT:

A. Establishment of budget procedures and timetable
B. Installation of production capacity for the business
C. Revision and acceptance of budgets
D. Co-ordination of business forecasts
E. Review of performance report

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