A Static Budget Is Appropriate in Evaluating a Manager's Performance

question 165

Multiple Choice

A static budget is appropriate in evaluating a manager's performance if

• A) actual activity closely approximates the master budget activity.
• B) actual activity is less than the master budget activity.
• C) the company prepares reports on an annual basis.
• D) the company is a not-for-profit organization.

---

Definitions:

Levels-of-processing

A theory suggesting that the depth of mental processing affects memory; deeper processing leads to better recall.

Cerebral Cortex

The outer layer of the brain's cerebrum, involved in complex functions such as thought, language, and consciousness.

Short-term Memory

The part of the memory system where information is stored for a short duration, often considered to be about 20 to 30 seconds.

Levels-of-processing

A theory suggesting that memory retention is directly related to the depth at which information is processed.