Question

Which of the following is not a benefit of using a computerized budgeting system? A. Such systems speed up and reduce the cost of preparing the budget. B. Such systems make revisions easier with faster results. C. Such systems can streamline the budgeting process. D. Such systems require more employees to be involved in the process.

Answer 1

Answer:

Computaried budgeting systems help companies in the budgeting process, which is used to easily put together finantial statements in order to gauge future operations for the company since they process the budget very fast, reducing the amount of resources employed by the company in such tasks.

Thus the option which is Not a benefit would be (D.).

Explanation: