A budget that allocates increased or decreased funds to a department by using the last budget period as a reference point is called a(n)
A. standardized budget.
B. incremental budget.
C. zero-based budget.
D. fixed budget.
E. tactical budget.
B. incremental budget.
Incremental budgeting allocates increased or decreased funds to a department by using the last budget period as a reference point; only incremental changes are reviewed.
You might also like to view...
Which of the following best defines job withdrawal?
A. It is the retracting of a job offer following the results of a pre-employment physical examination. B. It is the loss of jobs within an organization due to adverse economic forces. C. It is a set of behaviors with which employees try to avoid the work situation physically, mentally, or emotionally. D. It is a psychological state employees experience upon a job dismissal or retirement. E. It is the retraction of an employment offer following failure to join on an agreed date.
When someone screens and then manipulates a message from a sender before passing it on to the intended receiver, that person has ______ the message.
A. filtered B. strained C. differing perceptions D. overloaded
The potential benefits lost by taking a specific action when two or more alternative choices are available is known as a(n):
A. Out-of-pocket cost. B. Differential cost. C. Opportunity cost. D. Sunk cost. E. Alternative cost.
Donee beneficiaries and incidental beneficiaries are called intended beneficiaries
a. True b. False Indicate whether the statement is true or false