According to Austin and Cheek, Questions Such as Should Current

question 4

Multiple Choice

According to Austin and Cheek, questions such as should current funding be reduced, maintained, or increased in zero-base budgeting are

• A) Planning decisions
• B) Organization decisions
• C) Allocation decisions
• D) Evaluation decisions

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Definitions:

Post-money Valuation

The value of a company after external financing and injections of equity have been added to its balance sheet.

Entrepreneur

An individual who creates, organizes, and operates a business or businesses, taking on greater than normal financial risks.

$1 Million

Refers to the sum of one million dollars, a significant financial milestone for individuals and businesses.

Exit Strategies

Planned methods of exiting one's current situation, often used in the context of business to refer to how an investor or entrepreneur plans to cash out of an investment.