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Forums › Ask CIMA Tutor Forums › Ask CIMA P3 Tutor Forums › Budgeting
Beyond budgeting (BB) – True or False
1. A co cld implement BB simply by doing away with budgets – FALSE?
2. BB wld require careful implementation to ensure activities are coordinated – TRUE?
3. Implementing BB could reveal that managers prefer to have traditional budgets? – FALSE?
4. BB is unsuitable for all but a tiny no of companies – TRUE?
I think 3 could be true also.
The questions ask to pick two true answers?
So is 2 and 4 ok?
I dont have the answer key. Its from a quiz I got from a friend with no answers unfortunately.
I would probably go for 2 and 3. Presumably many companies could use BB and anyhow, ‘tiny number’ has not been defined so difficult to say TRUE.