A Budgeting Technique That Requires Managers to Justify All Revenue

question 83

Multiple Choice

A budgeting technique that requires managers to justify all revenue and expenses for each new period is called ________.

• A) zero-based budgeting
• B) justification budgeting
• C) flexible budgeting
• D) defensive budgeting

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Definitions:

Car Industry

the global business sector involved in the manufacturing, design, development, marketing, and selling of motor vehicles, including cars, trucks, motorcycles, and related services.

Direct-Mail Prospecting

The process of mailing advertisements to a large number of people over an extended geographic area.

Prospects

Potential customers or clients who are considered likely to purchase a product or service based on their needs, abilities, and interests.

Center of Influence

Individuals or entities that have significant sway or impact within a community or market, often guiding the opinions of others.