Question: Why is the _ _ _ _ _ _ _ _ budget for next year 3 5 percent higher than this year's actual expenses? asked

"Why is the

________

budget for next year

35

percent higher than this year's actual expenses?" asked Alli Truelove, CEO of PremierHealth Group. Her CFO, Blake Barnstone, 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

13

will go into effect, and that includes a

14

percent increase in the first year." Alli replied, "Ouch. It's tough to absorb those kinds of increases from parts of our organization that generate no revenue."

Question

4

options:

cash

cost

production

master

maintenance

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