A Budget Is Most Likely to Be Effective If

question 68

Multiple Choice

A budget is most likely to be effective if

• A) it is used to assess blame when things do not occur according to plans.
• B) it is not used to evaluate a manager's performance.
• C) employees and managers at the lower levels do not get involved in the budgeting process.
• D) it has top management support.

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Definitions:

Committed

Being fully dedicated or obligated to a task, cause, or person.

Cyber-Stalking

The use of the internet or other electronic means to stalk or harass an individual, a group, or an organization.

Air Traffic Control

A service provided to regulate and monitor air traffic to ensure safety and efficient flow of aircrafts in the skies and on the ground.

RICO Act

The Racketeer Influenced and Corrupt Organizations Act, a U.S. federal law designed to combat organized crime by allowing prosecution of all individuals involved in a corrupt organization.