W. 5 TA3 Budgets
Authored by Amr Riad
English
Professional Development
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13 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one main benefit of a business budget?
Increasing taxes
Hiring new employees
Restricting spending
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What do budgets ensure about capital?
It is always increased yearly
It is not wasted on unnecessary items
It is used for marketing only
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What can saved money be used for?
Buying new office supplies
Paying employee bonuses
Funding future growth
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was a traditional use of budgets?
Reducing employee workloads
Managing stock levels
Forecasting future business activity
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who traditionally prepared budgets in businesses?
Owners or senior managers
Marketing teams
Junior staff
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why were traditional budgets often inaccurate?
They relied on external consultants
Managers had limited financial knowledge
They used outdated software
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What type of budgets are being used to handle sales fluctuations?
Fixed budgets
Static budgets
Flexible budgets
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