Rolling Budgets Help Management to ________

question 205

Multiple Choice

Rolling budgets help management to ________.

• A) better review the past calendar year
• B) deal with a 5-year time frame
• C) focus on the upcoming budget period
• D) rigidly administer the budget

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Definitions:

Underemployment

Failure to use our resources efficiently. A situation in which workers are employed in positions requiring less skill and education than they have or other resources are not employed in their most productive use.

Opportunity Cost

Loss of potential earnings from different choices when one is picked.

Employment Discrimination

It refers to unfair or unequal treatment of an individual or group based on characteristics such as race, gender, age, religion, or disability in the workplace.

Underemployment

A situation in which workers are employed less than they wish or are overqualified for their jobs, resulting in their skills being underutilized.