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

question 76

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) master budgeting.
• C) zero-based budgeting.
• D) continuous budgeting.

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Definitions:

Hidden Curriculum

Refers to the unwritten, informal teachings and norms that schools impart on students, such as social and behavioral expectations.

Dominant Ideology

The set of beliefs, values, and norms that are widely shared and accepted within a society, often serving to maintain the power of the ruling class or group.

Ideal Culture

The values, norms, and behaviors that a society or group considers desirable and strives for, often contrasted with real culture, which reflects actual behavior and norms.

Cultural Capital

The range of non-financial social assets that promote social mobility beyond economic means, including education, intellect, style of speech, dress, or physical appearance.