A Budgeting Method That Derives the Subsequent Year's Budget from the Current

question 54

Multiple Choice

A budgeting method that derives the subsequent year's budget from the current year's budget is called:

• A) Planning-programming-budgeting.
• B) Incremental budgeting.
• C) Zero-based budgeting.
• D) Performance budgeting.

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Definitions:

Maslow's Needs

A theory of psychological development outlined by Abraham Maslow that proposes a hierarchy of human needs, from basic physiological needs to self-actualization.

Human Motivation

The internal drive that propels individuals to take action, achieve goals, and satisfy needs and desires.

Need for Achievement

A psychological trait that drives individuals to pursue and attain challenging objectives.

Avoid Risks

A strategy or approach aimed at minimizing potential losses or negative outcomes by not engaging in actions that are perceived to carry risk.