Which of the Following Is NOT One of the Primary

question 44

Multiple Choice

Which of the following is NOT one of the primary uses of OD?

• A) adapting to a merger
• B) improving recruitment
• C) managing conflict
• D) revitalizing an organization
• E) adapting to an acquisition

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Definitions:

Fixed Overhead Budget

A financial plan that estimates the fixed costs needed to produce goods or services over a specific period.

Volume Variance

The difference between the expected (budgeted) volume of activity and the actual volume, and its impact on the budgeted costs.

Control

The process of gathering feedback to ensure that a plan is being properly executed or modified as circumstances change.

Budgets

A financial plan for a defined period, often one year, detailing projected revenues and expenses.