A Budget Should/can Do All of the Following EXCEPT

question 137

Multiple Choice

A budget should/can do all of the following EXCEPT:

• A)be prepared by managers from different functional areas working independently of each other
• B)be adjusted if new opportunities become available during the year
• C)help management allocate limited resources
• D)become the performance standard against which firms can compare the actual results

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Definitions:

World Trade Organization

An international organization that regulates international trade.

New World Order

A set of initial conditions that describes how nation-states relate to one another on a global scale.

Satellite Crimea

is not a standard term; however, it may refer to satellite imagery or geographical discussions related to the Crimea region.

Geneva Convention

A series of international treaties formulated to ensure humane treatment of prisoners, the wounded, and civilians during war.