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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
11 days 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
12 days 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
14 days ago
I agree with Shasta. Budgeting helps us allocate resources efficiently to achieve our goals.
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Shasta
15 days ago
I think the primary purpose of budgeting is making choices about spending based on expectations of performance.
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Gerald
23 days 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
27 days 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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An
2 days ago
A) Limiting spending to a fixed percentage of organizational revenue
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Delbert
28 days 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
1 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
6 days ago
Limiting spending to a fixed percentage may not always be the best approach.
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Hannah
21 days ago
I think it's important to consider profitability when budgeting.
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Teri
24 days ago
I agree, making choices based on performance expectations is key.
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