Author Question: Which of the following is true regarding an incremental budget? a. Incremental budget allocations ... (Read 104 times)

WWatsford

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Which of the following is true regarding an incremental budget?
 a. Incremental budget allocations remain the same year after year.
 b. An incremental budget projects when funds will become available and where they can be spent.
 c. An incremental budget is based on the previous year's budget.
 d. An incremental budget is set according to the manager's needs.

Question 2

Accounting periods may be which of the following?
 a. a calendar year
 b. a fiscal year
 c. a calendar month
 d. every 2 years



ecabral0

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Answer to Question 1

c

Answer to Question 2

c



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