When a Project or Activity Is Budgeted in Each New

question 176

Multiple Choice

When a project or activity is budgeted in each new budget period as if it were brand new, a(n) ___ budgeting approach is being used.

• A) fixed
• B) flexible
• C) zero-based
• D) contingency
• E) operational

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Definitions:

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A member of the Religious Society of Friends, a Christian movement founded in mid-17th century England, emphasizing the direct experience of God within one's soul.

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