The Budget Process Is a Loop That Consists of ________

question 21

Multiple Choice

The budget process is a loop that consists of ________.

• A) planning, directing, and controlling
• B) developing strategies, planning, directing, and controlling
• C) developing strategies, planning, and directing
• D) developing strategies, directing, and controlling

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Definitions:

Reward System

A structured scheme designed by organizations to motivate employees by recognizing their work, effort, and accomplishments through tangible and intangible rewards.

Employee Needs

The requirements or factors that employees expect to fulfill through their work, including both physical needs and psychological needs such as recognition and belonging.

Organization Needs

The essential requirements or demands that an organization must meet to achieve its goals, including resources, talent, and infrastructure.

Employee Attitudes

The feelings and beliefs that employees have about their work, workplace, and employers, influencing their behavior and job performance.