When Using ________,A Company Starts the Year with a Budget

question 100

Multiple Choice

When using ________,a company starts the year with a budget based on revenue and cost assumptions made at that point but then reviews economic performance every month or every quarter to see whether the budget needs to be modified as the year progresses.

• A) hedge-based budgeting
• B) scenario planning
• C) rolling forecasts
• D) product segmentation
• E) judgmental forecasting

---

Definitions:

Perception Study

A research area focused on how individuals interpret and make sense of sensory information.

Absolute Threshold

The minimum stimulus intensity that an organism can detect 50% of the time, which varies from one sensory modality to another.

Physical Stimulation

External stimuli or forces that impact the body, potentially causing physiological responses or sensations.

Difference Threshold

the minimum amount of difference required between two sensory stimuli before an individual can perceive that the two stimuli are indeed different.