Each Year Caliente, Inc

question 116

Multiple Choice

Each year Caliente, Inc., follows a budgeting process.The first step is always to look at the previous year's budget and see if anything needs to be updated.Caliente uses ____ budgeting.

• A) Cash
• B) traditional
• C) capital
• D) zero-base
• E) historical

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Definitions:

Antitrust Regulations

Laws and regulations designed to promote competition and prevent monopolies by prohibiting business practices that restrict or control trade and market dominance.

Divest

The process of selling off subsidiary business interests or investments as a strategic move for a company.

Newly Merged Firm

A company that has recently combined with another entity in a merger, pooling their resources, operations, and strategies to form a single, larger organization.

Economies of Scale

The cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale.