Which of the Following Is Not True About the Administration

question 79

Multiple Choice

Which of the following is not true about the administration of budgets?

• A)Requires education.
• B)Requires participation.
• C)Requires persuasion.
• D)Requires intelligent interpretation.
• E)Requires managers to discourage accountability.

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Definitions:

Licensing

The legal process by which a licensor grants the licensee the rights to use, produce, or sell its intellectual property in return for payment or royalties.

Direct Investment

The practice of purchasing a controlling interest in a foreign business or starting a new enterprise in a foreign country as a means of entering a market.

U.S. Products

Goods and services that are produced within the United States, reflecting the country's quality standards, regulations, and production capabilities.

Foreign Currencies

Monetary units issued by countries other than one's own, used in international trade and financial transactions or as an investment strategy.