A Key Principle for the Beyond Budgeting Approach Is

question 69

Multiple Choice

A key principle for the Beyond Budgeting approach is:

• A) A command and control approach to planning
• B) Replacing annual planning with rolling forecasts
• C) Restrict access to "need to know"
• D) Rewards based on meeting targets

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Definitions:

Record Ideas

A process or tool designed to capture, organize, and store creative thoughts, solutions, or concepts for future reference.

Spur-Of-The-Moment

An action or decision made suddenly, without premeditation or planning.

Tracking List

A tool or feature in project management or software that keeps track of changes, tasks, or progress.

Status Indicator

A visual cue or symbol that provides information about the current state or condition of a device, application, or system.