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

question 15

Multiple Choice

Which of the following is $\textbf{ not }$ a characteristic of a rolling budget?

• A)A method of budgeting always includes 12 months of data.
• B)As one month ends,it is removed from the budget and the entire budget rolls forward one month.
• C)At the beginning of the budget period,management breaks down only the first quarter into months.
• D)All of these ans choices are characteristics of a rolling budget.

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Definitions:

Submission Agreement

A written agreement to submit a legal dispute to an arbitrator or arbitrating panel for resolution.

Settlement Agreement

A legally binding contract between parties resolving a dispute or lawsuit outside of court through mutual concessions.

Decision

The conclusion or resolution reached by a court, judge, or arbiter in a legal case.

Summary Jury Trial

A settlement method in which a trial is held but the jury's verdict is not binding. The verdict acts as a guide to both sides in reaching an agreement during mandatory negotiations that follow the trial. If a settlement is not reached, both sides have the right to a full trial later.