A Budgeting Approach That Implies Little or No Input from Lower

question 39

Multiple Choice

A budgeting approach that implies little or no input from lower levels of management is known as the:

• A) top-down approach.
• B) zero based approach.
• C) proportionate increase approach.
• D)participative approach.

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Definitions:

Mental Set

A tendency to approach situations in a certain way because that method worked in the past, potentially hindering the solution of new problems.

Functional Fixedness

A cognitive bias that limits a person to using an object only in the way it is traditionally used, hindering problem-solving.

Towers of Hanoi

A mathematical puzzle that consists of three rods and a number of disks of different sizes which can slide onto any rod, presenting a problem-solving challenge.

Physics Rotation

The motion of an object about an axis, characterized by angular displacement, velocity, and acceleration.