The percentage increase in average pay that is expected for an organizational unit or company is called _____.
A)a decentralized budget
B)a bottoms-up budget
C)a planned pay-level rise
D)the current year's rise

Question

Quizplus · Accepted Answer

The percentage increase in average pay that is expected for an organizational unit or company is called the planned pay-level rise. A decentralized budget refers to a budgeting process where decision-making authority is given to lower-level managers, while a bottoms-up budget is a process where managers at the lower levels of an organization make budgetary decisions and then pass them up to higher-level managers for approval. The current year's rise is not a recognized term in budgeting.

The Percentage Increase in Average Pay That Is Expected for an Organizational