A Variant of Fiscal-Year Budgeting Whereby a Twelve-Month Projection into the Future

question 150

Multiple Choice

A variant of fiscal-year budgeting whereby a twelve-month projection into the future is maintained at all times is termed:

• A) flexible budgeting
• B) continuous budgeting
• C) zero-based budgeting
• D) master budgeting

---

Definitions:

Importance Of Price

The significance of setting appropriate price levels in influencing consumer perceptions, demand, and the overall success of a product or service in the market.

Persuasive Messages

Communications designed to convince or influence the audience to adopt a certain perspective, take an action, or make a decision.

Gather Information

The process of collecting data or facts relevant to a specific topic or issue.

Perceived Value

The worth or importance that a customer believes a product or service has, which can influence their purchasing decision.