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Worldatwork Exam c8 Topic 1 Question 91 Discussion

Actual exam question for Worldatwork's c8 exam
Question #: 91
Topic #: 1
[All c8 Questions]

What best describes the primary purpose of budgeting?

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Suggested Answer: B

by Van at Mar 20, 2025, 10:01 AM

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Rosio
4 months ago
I think all the options are important in their own way, but ultimately budgeting is about maximizing shareholder/owner value.
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Ronnie
4 months ago
I believe budgeting is also about limiting spending to a fixed percentage of organizational revenue to ensure financial stability.
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Paulina
4 months ago
I agree with Shasta. Budgeting helps us allocate resources efficiently to achieve our goals.
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Shasta
4 months ago
I think the primary purpose of budgeting is making choices about spending based on expectations of performance.
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Gerald
4 months ago
Haha, B all the way. Budgeting is like a game of Tetris - you gotta fit all the spending blocks in just right to make the most of your resources.
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Talia
4 months ago
I'm going with C. Increasing profitability every year is the name of the game, am I right? Shareholders want to see that bottom line going up!
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Dion
3 months ago
C) Increasing profitability of the business annually to maximize shareholder/owner value
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Lenna
3 months ago
B) Making choices about spending based on expectations of performance
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An
4 months ago
A) Limiting spending to a fixed percentage of organizational revenue
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Delbert
5 months ago
D is the clear winner here. Gotta make sure we're complying with all the legal requirements and keeping the books in order. The rest are just nice-to-haves.
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Lauran
5 months ago
B seems like the best option to me. Budgeting should be all about making informed decisions to maximize performance, not just limiting spending blindly.
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Anisha
4 months ago
Limiting spending to a fixed percentage may not always be the best approach.
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Hannah
4 months ago
I think it's important to consider profitability when budgeting.
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Teri
4 months ago
I agree, making choices based on performance expectations is key.
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