Below Are Some Budgeting Techniques Which Are Used Rarely (Or

question 12

Multiple Choice

Below are some budgeting techniques which are used rarely (or more often) by government agencies and corporations. Which is true? $$\begin{array} { | l | l | c | c | } \hline &&\text { Private } & \text { Public } \\&&\text { sector } & \text { sector }\\\hline \text { a. } & \begin{array} { l } \text { Encumbrance } \\\text { accounting }\end{array} & \text { Often } & \text { Rarely } \\\hline \text { b. } & \text { Flexible budgeting } & \text { Rarely } & \text { Often } \\\hline \text { c. } & \text { Budget lapsing } & \text { Often } & \text { Rarely } \\\hline \text { d. } & \text { Zero-based budgeting } & \text { Rarely } & \text { Often } \\\hline \text { e. } & \text { None of the above } & & \\\hline\end{array}$$

• A)Option A
• B)Option B
• C)Option C
• D)Option D
• E)Option E

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Definitions:

Selling Situation

The circumstances and environment in which a sales transaction takes place, including factors like customer needs and market conditions.

Sales Presentations

Structured talks or demonstrations given to potential buyers with the objective of promoting a product or service.

Sales Strategy

A plan or approach designed to promote and sell a product or service effectively, maximizing revenue and market share.

Salesperson Career Path

The progression of stages or steps a salesperson can take in their career, from entry-level positions to senior sales roles or management.