Self-Imposed Budgets Typically Are

question 36

Multiple Choice

Self-imposed budgets typically are:

• A)not subject to review by higher levels of management since to do so would contradict the participative aspect of the budgeting processing.
• B)not subject to review by higher levels of management except in specific cases where the input of higher management is required.
• C)subject to review by higher levels of management in order to prevent the budgets from becoming too loose.
• D)not critical to the success of a budgeting program.

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Definitions:

Type B Behavior Pattern

A personality type characterized by relatively relaxed, non-urgent approach to life, in contrast to the more intense, competitive nature of Type A behavior.

External Locus of Control

The belief that outcomes in one's life are due to external forces beyond one's control rather than one's own actions.

General Adaptation Syndrome

A three-stage process that describes the physiological changes the body goes through when under stress: alarm, resistance, and exhaustion.

Alarm Reaction

The first stage of the GAS, which is triggered by the impact of a stressor and characterized by sympathetic activity.