A Static Budget

question 32

Multiple Choice

A static budget:

• A) is based totally on prior year's costs.
• B) is based on one anticipated activity level.
• C) is based on a range of activity.
• D) is preferred over a flexible budget in the evaluation of performance.
• E) presents a clear measure of performance when planned activity differs from actual activity.

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Definitions:

Social Networks

Structures made up of individuals or organizations that are connected by one or more specific types of interdependency, such as friendships, kinships, common interests, or financial exchanges.

Informal Resource Systems

Networks and resources in the community that offer support and services but are not part of formal institutional structures.

System Lifeline

Critical systems or services considered essential for the survival or fundamental operation of a society, organization, or infrastructure.

Outcome Measures

Quantitative or qualitative indicators used to assess the effectiveness of a program, intervention, or activity.