A Budget That Automatically Indicates an Increase in the Amount

question 58

Multiple Choice

A budget that automatically indicates an increase in the amount of resources allocated for various organizational activities when production levels go up is called a(n) ________.

• A)variable budget
• B)zero-base budget
• C)parallel budget
• D)incremental budget
• E)dependable budget

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Definitions:

Future Interaction

The anticipated exchange or engagement between parties in the time ahead.

Party's Outcomes

The results or consequences experienced by an individual or group following a decision, action, or negotiation.

Gathering Information

the process of collecting data or facts to enhance understanding or make informed decisions.

Preferences

Individual likes or choices, often reflecting a person's values or desired outcomes.