Asked by
Ramon Trejo
on Oct 22, 2024
Verified
A zero-based budget and a project schedule are examples of standing plans that are designed to cover recurring situations.
Zero-based Budget
A budgeting method where all expenses must be justified for each new period, starting from a "zero base," rather than just adjusting previous budgets.
Project Schedule
A timeline that outlines the planned start and finish dates of various tasks or activities within a project.
- Discriminate between plans created for one-time use and those established for continual application.
Verified Answer
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Learning Objectives
- Discriminate between plans created for one-time use and those established for continual application.
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