Match Each Phrase That Follows with the Term (A-E) It

question 105

Short Answer

Match each phrase that follows with the term (a-e) it describes.
-Actions to achieve budgeted goals
A)Planning
B)Directing
C)Controlling
D)Budget slack
E)Goal conflict

• A)Planning
• B)Directing
• C)Controlling
• D)Budget slack
• E)Goal conflict

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Definitions:

Government

The organization, apparatus, or agency through which a political unit exercises authority and performs functions and which is usually classified according to the distribution of power within it.

Equilibrium Market Price

The price at which the quantity of a good or service demanded by consumers is equal to the quantity supplied by producers, leading to a state of market balance.

Price Floor

A government- or authority-imposed minimum price below which a certain product cannot be sold, typically above the equilibrium price to ensure producers receive a minimum income.

Government

The organizational structure through which a society makes and enforces its public policies and exercises authority over its citizens.