What Is "Budget Momentum

question 28

Multiple Choice

What is "budget momentum"?

• A) allocation of money to a unit in the future because that unit is expected to grow in the future
• B) allocation of money to a unit in the future to mirror the current performance of that unit
• C) allocation of money to a unit in the future because the unit had been allocated money in the past
• D) allocation of money to a unit in the future based on the forecasted performance of that unit

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Definitions:

Feedforward Controls

A management technique that involves monitoring inputs and providing feedback before tasks are carried out to ensure goals are met efficiently.

Preliminary Controls

Initial measures or procedures put in place to monitor and regulate processes or operations.

Objectives

Specific, measurable goals that are designed to achieve the overall aim of an individual or organization.

After-Action Review

A systematic assessment of lessons learned and results accomplished in a completed project.