 In this presentation, we will take a look at multiple choice questions related to budgeting, going through the questions and then practicing test taking skills with them. First question, all of the following are necessary for budgets, but a. Attainable goals, b. Communication with employees affected, c. Evaluations of budgets and performance, d. Awareness of limitations of budget and e. All budgeted amounts must be spent to ensure that budgets aren't reduced for the next period. Let's go through this again using the process of elimination. All the following are necessary for budgets, but so we're looking for the exception to the rule all of them being applicable except which one a. Attainable goals, so attainable goals. All the following are necessary for the budgeting. I would think attainable goals is something we want. So I would think that would be there. B says communication with employees affected. So a. Since a is there, I'm going to cross it out. Communication with employees. Again, you would think that's something that you'd want to do, but maybe it's not mandatory. I would keep that for now. C says evaluations of budgets and performance. And that's kind of what we do in the budgeting process. So I think that would be reasonable. D says awareness of limitations of budgets. Um, we probably want to have that as well. And I'll just keep that for now. But he says all budgeted amounts must be spent to ensure that budgets aren't reduced for the next period. And that doesn't sound that sounds a little kind of weird to do that. That might be actually done in practice, but it doesn't. It doesn't seem like the proper way of doing things. So let's go through this again. We'll read through this and go through them one more time. All the following are necessary for budgets, but so which one isn't necessary? Now, some of these we might say, hmm, I'm not sure if it's totally necessary or not. But we're actually looking for the one that doesn't fit and possibly the one that would be improper or not the most proper thing. So communication or B says communication with employees affected. You could argue it's not necessary, but I would think that'd be nice. It probably a good, be a good practice. I would think that would be part of it.