Budgets Are Developed in RKH Corporation by Soliciting Input from Responsible

question 12

Multiple Choice

Budgets are developed in RKH Corporation by soliciting input from responsible employees once a year. This technique is best described as:

• A) perpetual budgeting.
• B) participative budgeting.
• C) responsibility accounting.
• D) committee budgeting.

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Definitions:

Worker's Productivity

A measure of the efficiency of a worker, calculated by the output produced over a defined period of time relative to the input used.

Virtuality Of Work

The concept refers to the practice of performing work digitally, often remotely, leveraging technology to accomplish tasks outside of a traditional office environment.

Information Technology

The use of computers and software to manage information, including the storage, retrieval, transmission, and manipulation of data.

Electronic Communication

The transmission of information using electronic systems or devices such as email, text messages, or social media platforms.