Match the Options Below with the Correct Phrase

question 53

Multiple Choice

Match the options below with the correct phrase:
-zero-based budgeting

• A)a relationship of two numbers
• B)income - expenses = profit or loss
• C)a budget that always must be justified from "square one"
• D)a formal investigation conducted to determine if financial documents are correct and consistent with the organization's policies, rules, and procedures
• E)treats employees as assets
• F)details how each financial responsibility center will manage its cash
• G)provides estimates of revenues and expenses for a given period of time
• H)assets = liabilities + stockholders' equity
• I)each financial responsibility center's financial plan
• J)an organizational unit that contributes costs, revenues, profits, or investments
• K)involves selecting two critical figures from a financial statement and expressing their relationship as a ratio or percentage
• L)a feedforward control technique that
• M)a person responsible for planning and overseeing managment of all risks
• N)a disciplined process that focuses on developing near-perfect products
• O)cash flow statement
• P)designed to measure and monitor specific aspects of an organization
• Q)an inventory control system that matches purchasing with need

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Definitions:

Carboniferous

A geological period around 358.9 to 298.9 million years ago, characterized by the formation of extensive coal beds.

Carbon-14 Dating

A method for determining the age of an object containing organic material by using the properties of radiocarbon.

Zircon Crystals

Mineral crystals that are valuable in dating Earth's geological events due to their uranium and thorium content.

Volcanic Rock

Rock formed from magma erupted from a volcano, known for its distinctive texture and composition.