The Procedure of Allocating a fiXed Amount of Funds for Capital

question 40

Multiple Choice

The procedure of allocating a fixed amount of funds for capital spending to each business unit is called:

• A) Marginal spending.
• B) Average spending.
• C) Soft rationing.
• D) Hard rationing.
• E) Marginal rationing.

---

Definitions:

Foreseeable Loss

A loss that a reasonable person could expect to happen as a result of an action or inaction.

Specific Performance

A legal remedy in contract law that requires a party to fulfill their contractual obligations, as opposed to paying damages.

Chrysler 300

A full-size luxury sedan manufactured by Chrysler, known for its powerful engines and elegant design.

Rescission

A remedy in contract law that annuls the agreement, returning both parties to their respective positions prior to the contract being made.