Match the Following Acronyms with Its Full Name

question 14

Multiple Choice

Match the following acronyms with its full name. Use an answer only once.
-ASCP

• A)American Society for Clinical Laboratory Science
• B)National Accrediting Agency for Clinical Laboratory Sciences
• C)American Society of Clinical Pathologists

Distinguish between budgeting and long-range planning and their respective roles in organizational goal achievement.

Understand the fundamentals of preparing and managing cash flow forecasts and their significance to the overall budgeting process.

Understand the key components and differences in budget structures between merchandisers and manufacturers.

Identify and describe the roles and responsibilities within the budget preparation process in companies.

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Definitions:

Hierarchy of Needs

A psychological theory proposed by Abraham Maslow that categorizes human needs into a five-level model, ranging from basic physiological needs to self-actualization.

ERG Theory

A motivational theory developed by Clayton Alderfer that categorizes human needs into three groups: Existence, Relatedness, and Growth.

Two-Factor Theory

A psychological theory proposed by Herzberg that suggests there are two sets of factors affecting people's work motivation and satisfaction: hygiene factors and motivators.

Acquired Needs Theory

A motivational theory that suggests individuals are driven by their desire to fulfill specific needs acquired over time, such as achievement, affiliation, and power.