A Budget Where Managers Must Justify All Costs Based on Need

question 7

Multiple Choice

A budget where managers must justify all costs based on need is a(n)

• A)zero-base budget.
• B)participatory budget.
• C)continuous budget.
• D)incremental budget.

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Definitions:

IRB Approval

The authorization granted by an Institutional Review Board (IRB) to proceed with a research study after evaluating its ethical implications and ensuring the protection of participants.

Funded Studies

Research projects that receive financial support from government agencies, organizations, or private entities to conduct their investigations.

Unfunded Studies

Research projects that do not receive financial support from external sources such as governments, institutions, or private donors.

Norman Triplett

A psychologist known for conducting one of the earliest experiments in social psychology about the effects of competition on performance.