A Report Based on Predicted Amounts of Revenues and Expenses

question 111

Multiple Choice

A report based on predicted amounts of revenues and expenses corresponding to the actual level of output is called a:

• A) Rolling budget.
• B) Production budget.
• C) Flexible budget.
• D) Merchandise purchases budget.
• E) Fixed budget.

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Definitions:

Jonah Complex

The fear of achieving one’s fullest potential, leading to self-sabotage or avoidance of success.

Maslow

A psychologist best known for developing Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs.

Doubts

Feelings of uncertainty or lack of conviction about something, often involving questions about belief or decision making.

D-motivation

The reduction or loss of motivation, often due to a lack of rewards or the presence of demotivating factors.