An Operating Budget Is a Blueprint That States How Managers

question 23

True/False

An operating budget is a blueprint that states how managers intend to use organizational resources to achieve organizational goals efficiently.

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Definitions:

Reliability

The level of consistency and stability in the results from an evaluation method over a period.

Utility

In economics, the total satisfaction received from consuming a good or service.

Big Five Personality Dimensions

A model outlining five broad dimensions of human personality: openness to experience, conscientiousness, extraversion, agreeableness, and neuroticism.

Neuroticism

A personality trait characterized by the tendency to experience negative emotions such as anxiety, anger, or depression more easily than others.