A Budget Is a Statement of a Corporation's Programs in Dollar

question 37

Multiple Choice

A budget is a statement of a corporation's programs in dollar terms.Which is NOT true of the budgetary function?

• A) It is used in planning and control.
• B) It serves as a detailed plan of strategy in action.
• C) Only one budget is necessary to capture all programs.
• D) It details the impact on the firm's future financial situation.
• E) It is used as a means of measuring success based on certain criteria.

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Definitions:

Evolutionary Psychologists

Scientists who study the psychological adaptations of humans to the changing physical and social environment, particularly from an evolutionary perspective.

Ingroup

A group of people with whom an individual mentally associates themselves as belonging.

Outgroups

Groups of people not belonging to the primary in-group, often viewed with prejudice or as outsiders.

Subjectivity

Based on or influenced by personal feelings, tastes, or opinions rather than external facts or evidence.