All of the Following Are Necessary for Budgets to Be

question 133

Multiple Choice

All of the following are necessary for budgets to be effective except:

• A)Goals should be challenging and attainable.
• B)Employees affected by a budget should be consulted when it is prepared.
• C)Evaluations should be made carefully with opportunities to explain differences between actual and budgeted amounts.
• D)Managers must be aware of potential negative outcomes of budgeting,such as budgetary slack.
• E)All budgeted amounts must be spent to ensure that budgets aren't reduced for the next period.

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Definitions:

Tripartite Peak-level Negotiations

Strategic discussions involving three primary parties - typically government, employers, and labor unions - on key national labor policies and agreements.

Economic Development Strategy

A plan or policy implemented by government or business organizations aimed at fostering economic growth, reducing poverty, and improving quality of life.

Majority Representation Requirements

Legal or organizational stipulations that a majority of employees in a bargaining unit must support a union for it to be recognized as their representative.

Pregnancy

The period during which a female carries a developing fetus inside her womb, typically lasting around nine months in humans.