"Why Is the ________ Budget for Next Year 33 Percent

Multiple Choice

"Why is the ________ budget for next year 33 percent higher than this year's actual expenses?" asked Alicia Tobin, CEO of Peerless Group. Her CFO, Ben Burroughs, replied, "We need to hire two additional human resources professionals to oversee the new benefits program and an additional attorney to handle claims. Also, our new lease for Building A will go into effect, and that includes an 11 percent increase in the first year." Alicia replied, "Ouch. It's tough to absorb those kinds of increases from parts of our organization that generate no revenue."

A) cash
B) cost
C) production
D) master
E) maintenance