Which of the Following Budget Approaches Will Produce a More

question 43

Multiple Choice

Which of the following budget approaches will produce a more accurate budget?

• A)Participative budgeting.
• B)Imposed budgeting.
• C)Responsibility budgeting.
• D)None of these ans choices are correct.

---

Definitions:

Price

The amount of money required to purchase a good, service, or asset.

Green Ink Pads

Small, flat surfaces soaked with green ink used for stamping or printing purposes.

Marginal Revenue

The supplementary earnings received from the sale of one extra unit of a good or service.

Monopoly Power

Monopoly power refers to the ability of a company or entity to control the supply of a good or service, and to significantly influence the terms and price under which it is sold.