A Method of Budget Preparation That Requires All Budgeted Amounts

question 30

Multiple Choice

A method of budget preparation that requires all budgeted amounts to be justified, even if the amounts were supported in prior periods, is called

• A)variance budgeting.
• B)flexible budgeting.
• C)justified budgeting.
• D)zero-based budgeting.

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Definitions:

Authoritarian

Characterized by or favoring strict obedience to authority, especially that of the government, often at the expense of personal freedom.

Permissive

A parenting style characterized by low demands with high responsiveness, where parents are lenient and avoid confrontation.

Authoritative

Possessing or exhibiting authority; commanding respect based on competence or expertise.

Temperament

Inherent aspects of an individual's personality, such as mood, disposition, and adaptability, often regarded as innate rather than learned.