BEC Strategic Planning review 1

  1. A ----------------- is a quantitative expression of the objectives and goals of an enterprise.
    A budget is a quantitative expression of the objectives and goals of an enterprise.
  2. ------------------- compels management planning, provides definite expectations that are an objective framework for judging subsequent performance and promotes communication and coordination among the various segments of the enterprise.
    Budgeting compels management planning, provides definite expectations that are an objective framework for judging subsequent performance and promotes communication and coordination among the various segments of the enterprise.
  3. What is a Zero Based Budget?
    A Zero Based Budget is a budget developed with scrutiny of every proposed expenditure.
  4. A --------------------Budget is a budget developed with scrutiny of every proposed expenditure.
    A Zero Based Budget is a budget developed with scrutiny of every proposed expenditure.
  5. What is a Kaizen Budget?
    A Kaizen Budget is a budget that incorporates continuous improvement goals.
  6. A ----------------- Budget is a budget that incorporates continuous improvement goals.
    A Kaizen Budget is a budget that incorporates continuous improvement goals.
  7. What is a rolling budget?
    As budget that as one quarter or year is removed from a rolling budget the information for the next month quarter or year is added.
  8. As budget that as one quarter or year is removed from a ---------------- budget the information for the next month quarter or year is added.
    As budget that as one quarter or year is removed from a rolling budget the information for the next month quarter or year is added.
  9. What is a master budget?
    a master budget represents a comprehensive plan for the overall activities of the enterprise.
  10. a ------------------- budget represents a comprehensive plan for the overall activities of the enterprise.
    a master budget represents a comprehensive plan for the overall activities of the enterprise.
Author
Joens1313
ID
301021
Card Set
BEC Strategic Planning review 1
Description
BEC Strategic Planning review 1
Updated