Operating Budgets

question 116

Multiple Choice

Operating budgets:

• A) Quantify management's objectives
• B) Assist in coordinating activities of the business segments
• C) Are benchmarks against which performance is measured
• D) All of these are correct

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Definitions:

Defensive Attribution

A psychological process by which individuals tend to attribute more blame to victims and less to perpetrators when they see themselves as similar to the victim.

Behavioral Tendency

An inclination or predisposition of an individual to exhibit certain patterns of behavior.

Intuition

The ability to understand or know something immediately, without conscious reasoning.

Belief

An acceptance that something exists or is true, especially without proof.