The Budgeting Process That Involves Adding a Month to the End

question 118

Multiple Choice

The budgeting process that involves adding a month to the end of the budget period at the end of each month,thus maintaining a twelve-month planning horizon,is referred to as:

• A) participative budgeting.
• B) capital budgeting.
• C) continuous budgeting.
• D) zero-based budgeting.

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Definitions:

Gallflies

Gallflies are a type of insect known for inducing growths, or galls, on plants, within which they then live and feed.

Parasitoid Wasps

Insects that lay their eggs on or in other insects, with the larvae eventually killing the host.

Stabilizing

A type of natural selection that favors the average individuals in a population, thereby maintaining the population's genetic variation.

Directional

In evolutionary biology, a type of natural selection that favors one extreme phenotype over others, causing a shift in the population's phenotypic distribution over time.