The Approach to Budgeting in Which the Financial Database of the Immediate

question 8

Multiple Choice

The approach to budgeting in which the financial database of the immediate past year is increased by some given percentage for the coming year is termed ______________.

• A) milestone budgeting
• B) incremental budgeting
• C) zero-based budgeting
• D) benchmark budgeting

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Definitions:

Chart Type

Different graphical representations of data, such as bar, line, pie charts, to visualize information.

Shading

A feature in graphics and word processing that applies a background color or pattern to text, cells, or elements to enhance their appearance.

Table

A structured set of data arranged in rows and columns, making it easier to read, organize, and manage information.

Sizing Handles

Small points around a selected object in graphical user interfaces that allow the user to adjust the dimensions of the object.