A(n)________ Starts with the Assumption That Current Activities in a Company

question 97

Multiple Choice

A(n) ________ starts with the assumption that current activities in a company will not automatically continue in the next period.

• A) activity-based budget
• B) strategic budget
• C) master budget
• D) zero-base budget

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Definitions:

Employment Levels

The quantity and types of jobs available within an organization or economy, often used to measure economic health or organizational size.

Labour Costs

The total expense incurred by an employer for the salaries, wages, and benefits of its employees.

Employee Leasing

A practice where businesses hire their workers through a third-party, transferring the administrative responsibility of employees, such as payroll and benefits, to the leasing firm.

Outsourcing

The practice of hiring external companies or individuals to perform tasks, handle operations or provide services that are either difficult to manage or are outside the business's core competencies.