Resource Allocation Is a Contentious Process in Most Organizations Because

question 71

Multiple Choice

Resource allocation is a contentious process in most organizations because opportunities and requests for spending far exceed the available funds.This can lead to __________ among organizational units,which makes it __________ to objectively identify the best investments.

• A)Highly political competition;difficult
• B)Highly political competition;easier
• C)Cooperation;simple
• D)Cooperation;difficult

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Definitions:

Conclusions

The final part of a document or process in which findings, decisions, or proposals are summarized or resolved.

Conceptual Framework

A set of theoretical principles and concepts that underpin and guide the standards, rules, and procedures of accounting and financial reporting.

Recognise

The accounting process of officially recording an item or transaction in the financial statements.

Monthly Payment

The amount of money that is paid on a monthly basis for the use of a service or repayment of a loan.