How Should Financial Budgets Be Thought Of

question 6

Multiple Choice

How should financial budgets be thought of?

• A) as a tool for limiting expenditures
• B) as a method for obtaining the most productive and profitable use of an organization's resources
• C) as a method for rationing the profits from the past year
• D) as a method for determining who should receive the largest pay raise
• E) as a tool for forecasting future profits

---

Definitions:

More Organic

A term referring to processes, products, or entities that are more natural, less artificial, or closer to their state in nature.

Exploitation

The act of using someone or something unfairly for one’s own advantage, often without proper compensation or consideration.

Extracting Value

The process of deriving benefits or useful information from resources or situations.

More Mechanistic

Describing an organization or system that is highly structured and emphasizes procedures, rules, and a clear hierarchy, typical of bureaucratic environments.