The Main Advantage of Using a Rolling Budget Is

question 15

Multiple Choice

The main advantage of using a rolling budget is:

• A) The role of information technology in its preparation
• B) Its incorporation of more current information than a static or a flexible budget
• C) The reduced need for lower-level input
• D) The ease of calculating variances compared to a static or a flexible budget

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Definitions:

Approach-avoidance Conflict

A psychological conflict that occurs when a goal or event has both attractive and unattractive aspects, leading to ambivalence about pursuing it.

Lesser Of Two Evils

A choice between two undesirable options, where the chosen option is seen as the less harmful or problematic one.

Latin Root

The base of a word derived from Latin, from which the meaning and words in many modern languages are formed.

Motivation

The process that initiates, guides, and maintains goal-oriented behaviors, driving individuals to pursue and achieve objectives.