An Budgeting Method That Derives the Subsequent Year's Budget from the Current

question 52

Multiple Choice

An budgeting method that derives the subsequent year's budget from the current year's budget is called:

• A) Planning-programming-budgeting.
• B) Incremental budgeting.
• C) Zero-based budgeting.
• D) Performance budgeting.

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Definitions:

Financial And Non-financial Benefits

Rewards given to employees that include monetary compensation and non-monetary incentives such as recognition.

Supervisor And Peer Support

Assistance and encouragement provided by both supervisors and colleagues in the workplace to aid an individual's development or performance.

External Environment

Factors outside an organization that can affect its performance, including economic, social, technological, and political influences.

Trade Agreements

Formal arrangements between countries to regulate tariffs, trade barriers, and the exchange of goods and services.