To Develop a Budget That Has the Proper Behavioral Considerations

question 11

Multiple Choice

To develop a budget that has the proper behavioral considerations, management must ensure all of the following EXCEPT:

• A) Participation by as many managers and employees as possible
• B) Constructive response to budget deviations
• C) Support of the budget process by top management
• D) Plenty of slack in the budget

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Definitions:

Semantics

The branch of linguistics and logic concerned with meaning, including the relationships between words and phrases and what they represent in reality, and the rules governing these relationships.

Comprehensives

Broad educational schools in the UK that do not select students based on academic achievement or aptitude, aiming to provide a comprehensive education for all.

Affluent Families

Households with significant wealth and resources, impacting their lifestyle and opportunities.

Socioeconomic Status

A combined measure that typically includes an individual’s economic, social, and work status, reflected by income, education, and occupation.