Sometimes Employees Will Deliberately Overstate the Amount of Materials And/or

question 73

Multiple Choice

Sometimes employees will deliberately overstate the amount of materials and/or labor that should be required to complete a job.The difference between inflated and realistic standards is known as:

• A) Budget slack.
• B) Making the numbers.
• C) Lowballing.
• D) Cooking the books.

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Definitions:

Well-Being

A state of health, happiness, and prosperity, reflecting physical, emotional, and psychological welfare.

Developmental Process

The sequence of growth or evolution of a living organism or a part of an organizational or conceptual entity.

Self-Organization

The process by which internal regulation or order emerges within a system or organism without being directed by an external control.

Reed

A type of tall, slender-leaved plant of the grass family, often found in wetlands or water, or a flexible woody stem used in making musical instruments.