Which of the Following Is $\textbf{ not }$

question 148

Multiple Choice

Which of the following is $\textbf{ not }$ a characteristic of zero-based budgeting?

• A)This method of budgeting is often used in governmental entities.
• B)This method of budgeting is much more time-consuming than incremental budgeting.
• C)This method of budgeting encourages budgetary slack.
• D)All of these ans choices are characteristics of zero-based budgeting.

Learn the process of inventory purchase and receipt documentation.

Appreciate the impact of cost flows on the valuation of inventory.

Realize the importance of the retail inventory method and its requirements.

Understand the basics of the perpetual and periodic inventory systems, including their journal entries.

---

Definitions:

21st Century Fox

A former American multinational mass media corporation involved in film and television production, known for its significant influence in the entertainment industry.

Integrated Marketing System

A cohesive marketing strategy that ensures all forms of communications and messages are linked together and support the core brand message.

Retailer-sponsored Cooperative

A group of independent retailers that band together to purchase in bulk and enhance their marketing efforts, sharing costs and benefits.

Wholesaler-sponsored Voluntary Chain

A partnership where independent retailers join together to bulk-buy from wholesalers to get better prices, while maintaining their store individuality.