A _____ budget allocates resources on the basis of a single estimate of costs.
A. unitary
B. zero-based
C. cash
D. incremental
E. fixed or static
E. fixed or static
Also known as a static budget, a fixed budget allocates resources on the basis of a single estimate of costs.
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Additive models are used when patterns of seasonal variations ______.
A. remain constant over time B. become more or less pronounced as the trend component increases or decreases C. keep fluctuating over time D. exhibit different types of trend patterns
__________ include the ability to use methods and techniques to perform a task.
A. Technical Skills B. Human Relations Skills C. Business Skills D. Human Resources E. Revenue Skills
List and briefly describe the seven key characteristics that must be present for a contract to be enforceable
Buyer Bob breaches his contract for the sale of goods with Seller Suzie. Suzie still has possession of the goods at the time of the breach. Suzie can refuse to deliver the goods and
a. resell the goods and sue Bob for the total contract price. b. either resell the goods or sue, but not both. c. resell the goods and sue for any loss on the sale plus incidental damages less expenses saved. d. resell the goods and sue only for incidental damages.