Examveda
Examveda

Higher and accurate budgeted profit forecast of managers lead to

A. high incentive bonus

B. low incentive bonus

C. influence bonus

D. revenue bonus

Answer: Option A

Solution(By Examveda Team)

Higher and accurate budgeted profit forecast of managers lead to high incentive bonus. At the start of each fiscal period, the business owner prepares a budget based on projected revenue and the expenditure needed to realize that revenue.

This Question Belongs to Commerce >> Costing

Join The Discussion

Related Questions on Costing