Assume That the Expectations on the Static Budget Were Met

question 142

Multiple Choice

Assume that the expectations on the static budget were met. What can be concluded?

• A) The manager is very efficient.
• B) The static budget was ill conceived.
• C) There is no need for a flexible budget.
• D) The effectiveness of the manager is not in question.

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Definitions:

Investment Opportunity

A financial investment or venture that has the potential to yield returns or profits to the investor.

Company

A business or association of persons engaged in commercial, industrial, or professional activities, either incorporated or unincorporated.

Return on Investment (ROI)

A measure of the profitability of an investment, expressed as a percentage of the initial amount invested.

Division's

Relates to a separate part of a larger organization, typically responsible for a specific operation or function.