Which of the Following Is Characteristic of an After-The-Fact Flexible

question 110

Multiple Choice

Which of the following is characteristic of an after-the-fact flexible budget?

• A)It is a budget for the actual level of activity.
• B)It allows managers to deal with uncertainty.
• C)It can be used to generate results for a number of plausible scenarios.
• D)It is a useful planning tool.

---

Definitions:

Cognitive-behavioral Therapy

A form of psychotherapy that treats problems and boosts happiness by modifying dysfunctional emotions, behaviors, and thoughts.

Psychoanalysis

A therapeutic approach and theory of psychology developed by Sigmund Freud that emphasizes unconscious processes and unresolved past conflicts.

Pessimistic Explanatory

A tendency to explain negative events as being prevalent, unchangeable, and indicative of personal failure.

Defeat

The state of having lost a competition or battle, or failing to achieve success.