The Practice of Preparing Budgets for Each of Several Future

question 47

Multiple Choice

The practice of preparing budgets for each of several future periods and revising those budgets as each period is completed, adding a new budget each period so that the budgets always cover the same number of future periods, is called:

• A) Participatory budgeting.
• B) Capital budgeting.
• C) Balanced budgeting.
• D) Continuous budgeting.
• E) Primary budgeting.

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Definitions:

Structured Interview

A formalized, consistent interview process where all candidates are asked the same predetermined set of questions.

Behavioural Interview

A method of interviewing where candidates are asked to describe past behavior as a predictor of future performance.

Stress Interview

A job interview technique designed to assess how applicants handle pressure by placing them under stress or discomfort.

Situational Interview

A job interview technique where candidates are asked to describe how they would handle hypothetical workplace scenarios.