A Continuous (Rolling)budget

question 54

Multiple Choice

A continuous (rolling) budget

• A)presents the plan for a range of activity so that the plan can be adjusted for changes in activity levels.
• B)presents a statement of expectations for a period of time but does not present a firm commitment.
• C)presents the plan for only one level of activity and does not adjust to changes in the level of activity.
• D)drops the current month or quarter and adds a future month or quarter as the current month or quarter is completed.
• E)classifies budget requests by activity and estimates the benefits arising from each activity.

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Definitions:

Situational Approach

A method in leadership theory that suggests the best actions of a leader depend on a range of situational variables.

Developmental Levels

Stages or phases indicative of progress or growth in personal, professional, or psychological capacities, often used in educational, organizational, or developmental contexts.

Follower Development

The process of enhancing the abilities, skills, and performance of followers through guidance, encouragement, and providing opportunities for growth.

Development Level

The stage or degree of growth, advancement, or maturity that an individual, group, or entity has achieved.