Another Name for a Flexible Budget Is a Variable Budget

question 111

True/False

Another name for a flexible budget is a variable budget.

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Definitions:

Extinction

Discourages a behavior by making the removal of a desirable consequence contingent on its occurrence.

Attribution Theory

A theory in social psychology that explains how individuals infer the causes of their own and others' behavior.

Internal Factors

Elements within an organization that can influence its operations, including its personnel, culture, and internal processes.

External Factors

Elements outside of an individual's or organization's control that can influence outcomes, such as economic conditions, societal trends, or technological changes.