Which Budgeting Systems Are Primarily Concerned with Output and the Cost

question 21

Multiple Choice

Which budgeting systems are primarily concerned with output and the cost of output?

• A) Incremental and flexible budgeting
• B) Flexible and program budgeting
• C) Flexible and zero-base budgeting
• D) Zero-base and program budgeting
• E) Activity-based and incremental budgeting

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Definitions:

Social Honor

A form of social respect, admiration, or recognition that is accorded to individuals or groups based on their actions, achievements, or social status.

Status

The relative social, professional, or other standing of someone or something within a social hierarchy.

Proletariat

Refers to the class of wage-earners, especially industrial workers, who do not own the means of production and whose only means of subsistence is to sell their labor.

Party

A social gathering of invited guests, typically involving eating, drinking, and entertainment or a political organization competing for power.