If Budget Forecasts Are Incorrect You Can Change the Budget

question 12

Multiple Choice

If budget forecasts are incorrect you can change the budget amounts by -

• A)cancelling the budget this account feature
• B)processing an entry through the general journal
• C)editing amounts in the general ledger budget tab screen
• D)you cannot change the amounts once they are set for a period

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Definitions:

Government Measures

Policies or actions taken by a government to manage or solve a particular issue, including legislative acts, regulations, and programs.

Planned Obsolescence

A strategy used by manufacturers to intentionally design products with a limited useful life, encouraging consumers to purchase replacements more frequently.

Consumers

Individuals or entities that purchase goods or services for personal use, not for manufacture or resale, playing a central role in economies by driving demand.

Cultural Relativism

The principle that an individual's beliefs and activities should be understood by others in terms of that individual's own culture.