A Variant of Fiscal-Year Budgeting Whereby a 12-Month Projection into the Future

question 87

Multiple Choice

A variant of fiscal-year budgeting whereby a 12-month projection into the future is maintained at all times is termed _____ budgeting.

• A)flexible
• B)continuous
• C)zero-based
• D)master

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Definitions:

Resources Share

Resources Share involves the distribution or pooling of available assets, information, or materials among organizations or individuals to achieve common goals.

Capacity

The maximum amount that something can contain or produce, or the ability to perform, understand, or withstand.

Strategic Restructuring

The process of fundamentally rethinking and redesigning organizational structures, operations, and processes to better align with strategic goals.

Management Models

Theoretical frameworks designed to guide the organization, control, and operation of a company.