A Budget Built from the Ground Up Each Year Rather

question 30

Multiple Choice

A budget built from the ground up each year rather than by simply adding a percentage increase to last year's numbers is called:

• A) a static budget.
• B) a flexible budget.
• C) a zero-based budget.
• D) a master budget.

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Definitions:

Weight Gain

An increase in body weight, which can result from muscle mass increment, fat deposits, fluid retention, or other factors.

Growth Norms

Established standards or averages of physical and/or psychological development at various ages.

Ethnic Background

The cultural heritage or identity of a group, passed through generations, including language, values, and traditions.

Cognition

The process of learning and understanding attained through thinking, experiencing, and using the senses.