Author Question: Zero-based budget is _________________. A. a budget that begins with year zero (first year in the ... (Read 90 times)

Pineappleeh · **on:** Jul 26, 2018

Zero-based budget is _________________.

A. a budget that begins with year zero (first year in the facility's operational history) and works forward from there
B. a negotiated budget between the corporate personal with authority to allocate funds and the FM requesting the funds
C. utilized when management wants to spread payments over a specified period
D. only used when requested funds are not fully available

Question 2

Which five clauses from Table 20. 1 should always be included in international contracts and why are the five clauses selected more important to include than the other clauses in Table 20.1?

What will be an ideal response?

brittrenee · **Reply #1 on:** Jul 26, 2018

Answer to Question 1

B

Answer to Question 2

Individual answers. A potential answer is the following:

a) Confidentiality
b) Currency Clauses
c) Laws of Host Nation
d) Hardship
e) Choice of Law and Choice of Forum