Other questions in this quiz

2. Bottom up / participative budgeting approach to managing budgets:

  • involves the participation of the work force who then submits the budgets to their superiors
  • involves senior management laying down the budget with little or no employee involvement
  • is a lie

3. Horizontal axis

  • Months; total
  • Sub headings
  • Price

4. Headings down the vertical axis of a CASH BUDGET

  • Titles of expenses
  • Months
  • Company name

5. What is a budget?

  • a financial plan of operation or entity for a period of time usually one year.
  • a financial plan of operation or entity for a period of time usually 50 years.
  • a logistical plan of operation or entity for a period of time usually one year.

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