Office Manager Gus Has Spent All His Annual Money for Paper

question 14

Multiple Choice

Office manager Gus has spent all his annual money for paper towels, so he requests that until the end of the budget cycle, employees bring their own paper towels to the office. What type of budget does Gus most likely have?

• A) pro-forma
• B) master
• C) flexible
• D) fixed

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Definitions:

Distributor

An intermediary entity in the supply chain that purchases products from manufacturers or wholesalers and sells them to retailers or directly to consumers.

Push Processes

A strategy in manufacturing and supply chain management where products are produced or ordered in anticipation of demand rather than in response to it.

Speculative Processes

Operations carried out with the objective of making a profit from predicted future price movements rather than from the inherent value of the goods or services.

Reactive Processes

Methods or actions taken in response to events or situations rather than planning or anticipating them in advance.