EasySleep Inn Is a Chain of Medium-Priced Hotels

question 67

Multiple Choice

EasySleep Inn is a chain of medium-priced hotels. Each year during the budgeting process, the manager of each hotel in the chain has to submit a capital expenditure request, justifying the amounts of expenditure they request. Top management then makes a decision on whether to fund each capital expenditure request. This is an example of which purpose of budgeting?

• A) Controlling profit
• B) Allocating resources
• C) Empowering employees
• D) Evaluating performance and providing incentives

---

Definitions:

Favorites

A feature allowing users to mark and easily access frequently used websites, documents, or files.

Reading List

A functionality in web browsers or e-book readers that allows users to save articles, books, or webpages for later reading.

SSDs

Solid State Drives, a type of mass storage device that uses flash memory to store data, offering faster access times than traditional hard drives.

Properties

Attributes or characteristics of an object or item.