A Budget

question 153

Multiple Choice

A budget

• A) is a substitute for management.
• B) is an aid to management.
• C) can operate or enforce itself.
• D) is the responsibility of the accounting department.

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Definitions:

Corporate Social Responsibility

A company's commitment to manage the social, environmental, and economic effects of its operations responsibly and in line with public expectations.

Discretionary

Refers to actions or expenditures that are subject to judgment or choice, often within a framework of policies or guidelines.

Benefit Society

Actions or initiatives that contribute positively to the well-being and improvement of the community or society as a whole.

Economic Policy Institute

A nonprofit, nonpartisan think tank created in 1986 to include the needs of low- and middle-income workers in economic policy discussions.