The degree of stretch in a budget refers to the ________.
A) resilience of the budget
B) tightness of the budget
C) acceptability of the budget
D) standardization of the budget

Question

Quizplus · Accepted Answer

The degree of stretch in a budget refers to the tightness of the budget, meaning how much it restricts spending and how difficult it is to stay within the budget. A budget with a high degree of stretch would be very restrictive, while one with low stretch would be more flexible. Resilience, acceptability, and standardization are not related to the degree of stretch in a budget.

The Degree of Stretch in a Budget Refers to the ________