Which Budgeting System Focuses on the Use of Inputs

question 9

Multiple Choice

Which budgeting system focuses on the use of inputs?

• A) Incremental budgeting
• B) Flexible budgeting
• C) Zero-base budgeting
• D) Program budgeting
• E) Activity-based budgeting

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Definitions:

Price Inelastic

Describes a situation where the demand for a good or service does not significantly change with a change in its price.

Trail Bikes

are specifically designed bicycles for off-road cycling, built to handle rugged trails and terrain.

Customizes

Refers to the process of making or altering something according to the user's individual preferences or needs.

Dynamic Pricing

A pricing strategy that allows businesses to adjust prices in real-time based on market demand, competition, and other factors.