Budgets Can Serve as the Standard Against Which Actual Performance

question 84

Multiple Choice

Budgets can serve as the standard against which actual performance is measured. When compensation is based on this comparison, the organization is said to use:

• A) Fixed performance contracts.
• B) Rolling financial forecasts.
• C) Continuous-improvement budgets.
• D) Variable compensation contracts.
• E) A linear compensation plan.

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