A budget built from the ground up each year rather than by simply adding a percentage increase to last year's numbers is called:
A) a static budget.
B) a flexible budget.
C) a zero-based budget.
D) a master budget.
C
You might also like to view...
Herzberg’s two-factor theory showed that ____ factors, such as salaries, work conditions and company policies, can lead to dissatisfaction when they are absent.
a. Motivators b. Maintenance c. Intrinsic d. Extrinsic
Which of the following statements about hedging is (are) true? I. Hedging is a form of risk transfer. II. Hedging is used to address the risk of unfavorable price fluctuations
A) I only B) II only C) both I and II D) neither I nor II
The entities on which data are collected are
a. elements. b. populations. c. samples. d. observations.
One problem with many succession plans is the "crowned prince" syndrome.
Answer the following statement true (T) or false (F)