Each Year Caliente, Inc

question 214

Multiple Choice

Each year Caliente, Inc., follows a budgeting process. The first step is always to look at the previous year's budget and see if anything needs to be updated. Caliente uses ____ budgeting.

• A) cash
• B) traditional
• C) capital
• D) zero-base
• E) historical

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Definitions:

External Public

Refers to individuals or groups outside of an organization who are stakeholders or are affected by the organization's actions.

CEO

Chief Executive Officer, the highest-ranking person in a company or other institution, ultimately responsible for making managerial decisions.

Interview

An interview is a formal conversation where questions are asked to obtain information, often used in research, journalism, and employment processes to assess qualifications or gather insights.

Tweeting

The act of posting short messages, known as tweets, on the social media platform Twitter.