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NEW QUESTION: 1
The major feature of zero-based budgeting ZBB) is that it:
A. Focuses on planned capital outlays for property, plant, and equipment.
B. Questions each activity and determines whether it should be maintained as it is, reduced, or eliminated.
C. Takes the previous year's budgets and adjusts them for inflation.
D. Assumes all activities are legitimate and worthy of receiving budget increases to cover any increased costs.
Answer: B
Explanation:
ZBB is a planning process in which each manager must justify his/her department's full budget for each period. The purpose is to encourage periodic reexamination of all costs in the hope that some can be reduced or eliminated.

NEW QUESTION: 2
If a set of data is generally centered relative to the targeted value but is rather widely disbursed it would be said to be _____________.
A. Precise but not accurate
B. Accurate but not precise
C. Precise but skewed
D. Accurate but distributed
Answer: B

NEW QUESTION: 3

A. Option D
B. Option C
C. Option A
D. Option B
Answer: B

NEW QUESTION: 4
Which of the following is a schedule that illustrates the duration of an activity?
A. Gantt chart
B. Ishikawa diagram
C. Process diagram
D. Pareto chart
Answer: C