Cheri Standish, the controller at Harmonics International, overheard the following conversation among two of her product line department heads, Bob, manager of Pianos and Keyboards, and Fran, manager of Horns and Stringed Instruments. Fran: “This budgeting process is consuming an inordinate amount of time. Each time I prepare a budget and send it to the controller’s office, it comes back for revision. This is the third time I have had to reallocate funds for my budget requests." Bob: “I know what you mean. And because we are evaluated on our ability to stay in budget, it is critical to have a cushion in case the economy turns south and sales of musical instruments do not meet projections.” Choose below the benefits of the budgeting process that the controller can share with these two department heads. (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect. Any boxes left with a question mark will be automatically graded as incorrect.)
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Cheri Standish, the controller at Harmonics International, overheard the following conversation amon...
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