A Budget Serves Several Purposes for the Institution and the Individual

question 27

Multiple Choice

A budget serves several purposes for the institution and the individual supervisor, including:

• A) Being a quantitative expression of the institution's operating intentions.
• B) Providing a means of scheduling employees.
• C) Identifying positions that could be eliminated.
• D) Relieving the supervisor of concern for ongoing expenditures.

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Definitions:

Relational Databases

A kind of database designed to store and allow access to data points that have relationships with each other.

Commercial Software

Software developed and sold for profit, typically offering extensive customer support and regular updates.

Business Processes

Activities, procedures, and tasks that organizations perform to achieve business objectives effectively and efficiently.

Legislation In Canada

The body of laws and regulations enacted by the Government of Canada and provincial authorities.