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What Budgeting Principle or Process Involves Developing a Budget by Using

question 20

Multiple Choice

What budgeting principle or process involves developing a budget by using last year's budget as the base and adding an amount to cover the increased costs of doing business (inflation) and any new programs?


Definitions:

Contact Type Column

A column in a database or spreadsheet specifically designated for categorizing contacts based on criteria such as personal, business, etc.

Input Message

A feature in software applications that allows users to enter data or information, which can then be processed or stored by the application.

Table Alert

A notification or warning that is triggered based on specific conditions or criteria within a table.

Data Validation

The process of checking and ensuring that the data input into a database or spreadsheet meets specified criteria and is clean, correct, and useful.

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