Self-imposed budgets typically are: a. Not subject to review by higher levels of management since to do so would contradict the participative aspect of the budgeting processing. b. Subject to review by higher levels of management in order to prevent the budgets from becoming too loose. c. Not subject to review by higher levels of management except in specific cases where the input of higher management is required. d. Not critical to the success of a budgeting program.

Shareholders of tesla recently expressed concerns that elon musk should give up some of his power on tesla's board by appointing two independent directors. which of the following is not a reason why elon musk is perceived to have significant power over tesla's board? 1. he is the founder of the firm and a successful entrepreneur, thus board members may be hesitant to challenge him.2. as the ceo and chairman of the firm he can easily determine what the board should discuss and how it should vote on strategic issues.3. all board members, except for kimbal, have been appointed to the board during elon's tenure.4. many of the firm's directors are outsider investment managers whose interests would not be aligned with those of firms' shareholders.

If the findings and the results are not presented properly, the research completed was a waste of time and money. true false

Why should managers invest any excess cash