Management at All Levels Should Understand and Support the Budget

question 51

True/False

Management at all levels should understand and support the budget and all aspects of the management control system.

---

Definitions:

Reinforced

Made stronger or more pronounced through additional support or material.

Interval Schedules

In operant conditioning, a reinforcement strategy based on the passage of time between reinforcements.

Ratio Schedules

In the context of behavior reinforcement, these are schedules that reward a response only after a specified number of responses.

Performance

The process of performing or executing an action, task, or function, typically evaluated against established norms of precision, thoroughness, and quickness.