Below Are Various Statements About Different Budgeting Techniques

question 1

Multiple Choice

Below are various statements about different budgeting techniques. Which is false?

• A)Budget ratcheting tightens targets when performance fails to meet the target by a predetermined percentage
• B)Budget lapsing prevents managers from hoarding funds
• C)Master(static) budgets are prepared for a single level of activity
• D)Budget lapsing encourages managers to spend money regardless of cost or value
• E)None of the above

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Movement

The act or process of changing physical location or position or of having this changed.

Endocrine Glands

Glands in the human body that release hormones directly into the blood to regulate various bodily functions.

Hormones

Chemical messengers secreted by glands in the body that regulate physiology and behavior, including growth, metabolism, and reproductive processes.

Bloodstream

The flowing blood within the circulatory system of the body, carrying oxygen, nutrients, and waste products to and from the cells.