Which of the Following Processes Is Involved in Budgeting

question 168

Multiple Choice

Which of the following processes is involved in budgeting?

• A) Assessing the utilization rate of assets
• B) Identifying the industry standards of stock returns
• C) Periodically comparing actual results with the goals
• D) Dismissing all managers who fail to achieve operational goals specified in the budget

---

Definitions:

Market Price

The current cost at which you can buy or sell an asset or service.

Bushels

A bushel is a unit of volume that is used in the United States for measuring quantities of agricultural produce, such as grains or fruits.

Perfect Hedge

A hedging strategy that completely eliminates the risk associated with a particular position or portfolio.

Interest Rates

The fee, shown as a percentage of the principal amount, that a lender requires from a borrower for the utilization of resources.