Which One of the Following Is an Advantage of Using

question 91

Multiple Choice

Which one of the following is an advantage of using participative budgeting?

• A)It is updated daily to reflect current activity.
• B)It assures the company is operating at the activity level of the master budget.
• C)It allows companies to compare the current with the previous year.
• D)Lower level managers are more likely to perceive budgets as fair.

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Definitions:

Attachment

In psychology, the emotional bond that forms between an infant and their caregiver, crucial for the child's development.

Epiphysis

The rounded end of a long bone, which is separated from the main body of the bone by a growth plate during development.

Medullary Cavity

The central cavity of bone shafts where red or yellow marrow is stored.

Endosteum

A thin vascular membrane of connective tissue that lines the inner surface of the bony tissue that forms the medullary cavity of long bones.