A Budget That Is Created by Starting with the Work

question 7

Multiple Choice

A budget that is created by starting with the work breakdown structure,determining costs for each work package,and then adding these costs together is:

• A)zero-based budgeting.
• B)top-down budgeting.
• C)bottom-up budgeting.
• D)activity-based budgeting.

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Definitions:

Netflix

A streaming platform offering a wide variety of TV shows, movies, anime, documentaries, and more on thousands of internet-connected devices.

Property Costs

Expenses associated with owning or renting physical spaces, including warehouses, offices, or retail outlets, such as leases, taxes, maintenance, and utilities.

Traditional Model

A conventional framework or approach often based on historical methods or practices in various fields such as economics or management.

Information Costs

The costs incurred in obtaining, processing, and transmitting data necessary for business operations.