The Budgeting Process That Involves Adding a Month to the End

question 118

Multiple Choice

The budgeting process that involves adding a month to the end of the budget period at the end of each month,thus maintaining a twelve-month planning horizon,is referred to as:

• A) participative budgeting.
• B) capital budgeting.
• C) continuous budgeting.
• D) zero-based budgeting.

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Definitions:

Addressing Conflicts

Occurs when two or more devices or processes attempt to use the same resource, such as memory addresses, causing errors or malfunctions.

Scan Time

The duration a programmable logic controller (PLC) takes to read inputs, execute the program logic, and update the outputs.

Bleeder Resistors

Resistors used in power supplies to drain residual voltage and ensure safety by discharging capacitors after power is turned off.