The budgeting process that involves adding a month to the end of the budget period at the end of each month, thus maintaining a twelve-month planning horizon, is referred to as:
A. zero-based budgeting.
B. continuous budgeting.
C. capital budgeting.
D. participative budgeting.
Answer: B
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Put the listed steps in the corresponding parentheses in the risk assessment and response approach diagram below.(A) Avoid, share or accept risk(B) Reduce risk by implementing controls(C) Is it cost beneficial to protect the firm from the risk?(D) Estimate the likelihood of each risk occurring(E) Identify control to mitigate the risk(F) Estimate the costs and benefits from instituting controls(G) Identify the risks(H) Estimate the impact or potential loss, from each risk
What will be an ideal response?
What is the statutory period of redemption?
A) The time limit that a trustee can claim legal title to the real property. B) The time allotted to a mortgagor to pay the full debt on real property even after foreclosure. C) The time by which the mortgagor has to pay at least part of his debts. D) The time allotted by which a mortgagee must start legal proceedings against a defaulter.
From an agile project management perspective, which of these constraints are considered to be fixed?
a. Quality and value c. Scope and time b. Resources and schedule d. Customer satisfaction
Jeff owns 250 shares of Coca Cola common stock that have increased in value by $15 each. He must report the increase in income because a transaction has occurred.
Answer the following statement true (T) or false (F)