The Rule of Thumb Is That Perks Like These Should

question 69

Multiple Choice

The rule of thumb is that perks like these should take no more than _____of the annual personnel budget.

• A)3 percent
• B)5 percent
• C)7 percent
• D)10 percent

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Definitions:

Budget

An estimate of income and expenditure for a set period of time, often used as a plan for managing finances.

Organizations

Entities composed of individuals and resources, structured to achieve specific goals through a collective effort.

Bureaucratic Control System

A formal system of organization based on clearly defined hierarchical levels and roles, focused on following rules and procedures to manage operations.