The managers of a division are given a fixed budget and are then evaluated on the basis of their ability to produce goods or services. This is an example of a(n)________ budget approach.
A)expense
B)profit
C)cash flow
D)revenue

Question

Quizplus · Accepted Answer

Expense budgets are fixed budgets that are allocated to managers and are used to evaluate their performance based on their ability to produce goods or services.

The Managers of a Division Are Given a Fixed Budget