From a Managerial Perspective,which Budget Is Most Likely to Motivate

question 123

Multiple Choice

From a managerial perspective,which budget is most likely to motivate people to succeed in executing it?

• A)A budget that is tight,but attainable because it creates the appropriate level of challenge.
• B)A budget that is easy to achieve,because it inspires confidence.
• C)A budget that is difficult to achieve,because it encourages people to aim high.
• D)A budget that is tight,and nearly impossible to achieve,because it creates camaraderie and an "us versus them" mentality.

Identify tax deductible expenses and calculate capital gains or losses.

Understand the concept of depreciation and its impact on financial statements.

Recognize different tax bases and calculate effective tax rates.

Calculate after-tax yield on investments.

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