Revision of a Completed and Approved Budget

question 67

Multiple Choice

Revision of a completed and approved budget:

• A)Should be conducted whenever necessary.
• B)Should occur only under very special circumstances.
• C)Should be discouraged.
• D)May discourage diligence in its initial preparation.
• E)Is never needed under Kaizen budgeting.

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Definitions:

Primed

The state of being prepared or made ready for a specific reaction or response, often through the prior introduction of certain stimuli or ideas.

Significant Other

An individual who has great importance in the personal life of someone, influencing their feelings, thoughts, and behaviors.

Task

A piece of work to be done or undertaken, often referring to specific duties or responsibilities assigned in various contexts like work, study, or daily activities.

Unconscious Goals

Desires or objectives that influence behavior without one'sawareness, derived from unconscious motives or unarticulated needs.