Answer:
C. inefficiences may be concealed in the past performance.
Explanation:
A major drawback of using historical results for judging current performance is that inefficiences may be concealed in the past performance.
Answer:
The following are the disadvantages and the advantages of bottom-up budgeting approach are as follows:
<u> Advantages of bottom-up budgeting approach:</u>
- The bottom-up budgeting approach helps in making the decisions very quickly as compared to all other budgeting methods.
- The main benefit of the bottom-up budgeting approach is that it helps in aligned the project goals in an organization by giving the specific direction.
- It helps in understand the resources, needs, expenses and the cost of each department in an organization.
<u> Disadvantages of bottom-up budgeting approach:</u>
- The bottom-up budgeting approach is complex as it sometimes cause misrepresent the budget figures in the given data.
- In this budgeting method there is also a lack of context and also expertise.
The office of vocational and adult education (OVEA) states that almost all high school students take at least 1 CTE course, and 1 in 4 students take 3 or more courses in a singled programmed area.
Answer:
c) created both inflation and recession in the United States in the 1970s.
Explanation:
the recession and inflation started from '72 and end up in the earlys '80 is considered the greatest failure of American macroeconomic policy in the postwar period.
It was the cause of 1973 oil crisis when the Arab countries made an oil embargo against nations perceived as supporters for israel. Amongs this nation was the USA, the UK and Canada. This make the oil price to rise up to 400% This situation made a market crash and then, US leave the gold standard Also, within this period, the industrial areas in the countries to re-structure to consume less oil as it was scarse
During the period about 3 million of jobs were lost and inflation made peak at 20% per year.