Examlex
What is a distribution called when the same numbers of observations are below the mean as are above the mean?
Zero-based Budgeting
A budgeting approach where all expenses must be justified for each new period, starting from a "zero base," without reference to previous budgets.
Budget Cycle
The budget cycle describes the periodic process of planning, preparation, approval, and review of a budget, encompassing stages from proposal to implementation and subsequent analysis.
Flexible
The quality of being able to adapt to changes or new circumstances easily without significant disruption.
Strategic Plans
Long-term, overarching plans designed to achieve essential goals within an organization, guiding its direction, and decisions.
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