Which of the Following Is a Concern of Using Prior

question 5

Short Answer

Which of the following is a concern of using prior performance as the starting point for developing budgets? a. This approach can foster a business-as-usual mentality.
B) This approach may blind decision makers to the need for drastic changes in business by making them focus narrowly on small changes from the status quo.
C) This approach can lead to ratcheting up performance expectations, but are less likely to ratchet down.
D) Both A and B are concerns.
E) A, B and C are concerns.

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Definitions:

Temperature

A physical quantity that expresses hot and cold, representing the average kinetic energy of particles in a matter.

Atm

A unit of pressure defined as being equal to the atmospheric pressure at sea level, approximately 101.325 kPa or 760 mmHg.

Temperature

A measure of the average kinetic energy of the particles in a system, indicating how hot or cold the system is.

°C

A scale and unit of measurement for temperature where 0°C is the freezing point of water and 100°C is its boiling point at 1 atmosphere of pressure.