DEVRY BUSN 278 Entire Course DEVRY BUSN 278 Week 4 Midterm | Page 2

(TCO 5) Which of the following is not true when ranking proposals using zero-base budgeting? (TCO 6) Which of the following ignores the time value of money? (TCO 1) There are several approaches that may be used to develop the budget. Managers typically prefer an approach known as participative budgeting. Discuss this form of budgeting and identify its advantages and disadvantages. (TCO 2) There are a variety of forecasting techniques that a company may use. Identify and discuss the three main quantitative approaches used for time series forecasting models. (TCO 2) The Federal Election Commission maintains data showing the voting age population, the number of registered voters, and the turnout for federal elections. The following table shows the national voter turnout as a percentage of the voting age