The Advantage of a Continuous Budget Is

question 23

Multiple Choice

The advantage of a continuous budget is:

• A)that it is less costly to produce.
• B)that it eliminates the need for annual planning.
• C)that it saves time for other management activities.
• D)that the final budget for any quarter should be more accurate.

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Definitions:

Gestation

The period of development from the fertilization of an ovum until birth in pregnant mammals, including humans.

Dishabituation

The renewal of attention to a stimulus following a change, after initial habituation (or decreased response) to the same or similar stimuli.

Classical Conditioning

A learning process that occurs when two stimuli are repeatedly paired: a response which is at first elicited by the second stimulus is eventually elicited by the first stimulus alone.

Conditioned Stimulus

A previously neutral stimulus that, after association with an unconditioned stimulus, comes to trigger a conditioned response.