In ________ Budgeting, Corporate Executives Create a List of All

question 81

Multiple Choice

In ________ budgeting, corporate executives create a list of all capital allocation requests from divisions in a firm, rank them from "most important" to "least important" and then fund all the projects a firm can afford, given the amount of capital that is available and no project receives funding simply because it was funded in the past.

• A) cost-plus
• B) activity-based
• C) zero-based
• D) revenue-based

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Definitions:

Self-Fulfillment

pertains to the achievement of personal goals, ambitions, and the realization of one's potential.

Global Society

A concept referring to the interconnectedness of communities worldwide through economics, politics, social issues, and culture.

Digital Environment

A space or platform enabled by digital technology, where interactions, transactions, or processes can occur.

Tolerance

The capacity to accept or endure differences, opinions, or behavior without adverse reaction.