For Each of the Following Definitions, Indicate the Key Term

question 11

Essay

For each of the following definitions, indicate the key term from the list that best matches by placing the appropriate definition.
A. Efficiency measures
B. Effectiveness measures
C. Planning-programming-budgeting system
D. Zero-based budgeting
E. Program budgeting
F. Flexible budgeting
G. Incremental budgeting
H. Budget calendar
________ 1. A budget in which each activity and the amounts of resources requested for each activity must be justified each year
________ 2. A budget that is derived from the current year budget by adding or subtracting amounts expected to be required by line-items
________ 3. A budgeting approach that integrates various elements of planning for programs
________ 4. Measures that relate efforts to accomplishments
________ 5. A budget in which resource inputs and service outputs are identified by programs

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Definitions:

Corporate Promoter

An individual or entity involved in establishing a company or raising capital for it before its incorporation.

Common Shares

Represents ownership equity in a corporation, providing voting rights and dividends to shareholders.

Board of Directors

A group of individuals elected to represent shareholders and govern the activities and policies of a corporation.

Corporate Promoter

An individual or entity that undertakes the creation and organization of a corporation, including the arrangement of its initial affairs.