A Budget That Has Been Prepared Only Once Prior to the Budget

question 78

Multiple Choice

A budget that has been prepared only once prior to the budget period is called a:

• A)continuous budget.
• B)zero-based budget.
• C)discretionary budget.
• D)single-period budget.

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Definitions:

Squared Value

A mathematical term that refers to a number multiplied by itself.

Variability

A measure of the spread or dispersion of a set of data points within a dataset.

Regression Equation

A mathematical formula used to predict a dependent variable based on one or more independent variables.

Criterion

A standard or rule by which something can be judged or measured.