Budgets Are Written Financial Plans Utilized in Sales Forecasts

question 47

True/False

Budgets are written financial plans utilized in sales forecasts.

---

Definitions:

Capabilities

The ability or qualities necessary to do something effectively; often refers to the capacities of organizations or individuals to achieve their objectives.

Job Enrichment

An effort to motivate employees by enhancing the responsibility, scope, and interest of their jobs.

Behavioural Needs

The requirements that individuals have for personal growth, recognition, and achievement in their personal or work life.

Flextime

A flexible working hours policy allowing employees to adjust their start and end times within agreed limits based on their needs and preferences.