Budget 2

Question 1

Due to budget _______ , I’m afraid we can’t hire anyone right now.

Answer 1

constraints

Question 2

I know we have a _____ budget, but I know this would be money well spent.

Answer 2

tight

Question 3

We had a budget ________ last year, so we need to be conservative with spending this year.

Answer 3

deficit

Question 4

If we _________ the advertising budget now, we will pay for it later on with lower sales.

Answer 4

slash

Question 5

Our last project was _______ budget. Can’t we use the extra money earmarked for that?

Answer 5

below

Question 6

There’s ___ ______ in the budget for a huge expenditure like that.

Answer 6

no room

Question 7

Have you ever had just enough money in your budget to pay for everything?

Answer 7

You’ve had a tight budget

Question 8

Have you ever not bought something because you had a budget limit?

Answer 8

You didn’t buy it due to budget constraints

Question 9

Do companies sometimes make big budget cuts?

Answer 9

They slash their budgets

Question 10

Have you ever finished a project under budget?

Answer 10

You finished the project below budget

Question 11

Is there enough money in your budget to fly all of us to Hawaii first class?

Answer 11

Sorry, I think there’s no room in the budget for that

Question 12

Do companies spend more than they budgeted for a year?

Answer 12

Yes, they usually have a budget deficit

Question 13

Do companies ever spend less than they planned?

Answer 13

That is unusual, but when it happens it’s a budget surplus

Question 14

Do companies have extra money after the project?

Answer 14

Yes, they end up with a budget surplus

Question 15

Are your kids’ schooling your biggest monthly expense?

Answer 15

Yes, they are my biggest expenditure

Question 16

Do you have some money set aside for a future expenditure?

Answer 16

Yes, that money is earmarked for a trip to Patagonia

Question 17

Is replacing windows a good way to spend your money if they are broken?

Answer 17

Yes, it’s money well spent.

Question 18

If someone doesn’t have a lot of money, do they need to be careful about spending?

Answer 18

Yes, they should be conservative with their spending

Question 19

In a budget negotiation, do you have to give reasons why you need funds?

Answer 19

Obviously, I have to argue for the funds

Question 20

Will the other person also argue for an increase?

Answer 20

Normally they argue against me trying to get the increase.

Question 21

Should everyone in the negotiation know what everyone’s position is?

Answer 21

Everyone should know where everyone stands

Question 22

If you ask for too much in your budget negotiation, is it possible you won’t get any increase?

Answer 22

So, my recommendation is not risk getting no increase. You should come to terms with the budget solicited.

Question 23

If one department asks for a budget increase, is it possible that other departments will get a smaller budget?

Answer 23

One department’s budget increase may impact the budgets of other departments

Question 24

Does the other person then present arguments against it?

Answer 24

They present their counterargument

Question 25

If you propose one amount, will the other person propose a different amount?

Answer 25

They will make a counter-proposal

Question 26

That amount is impossible. We can’t do it.

Answer 26

It's not possible. It’s out of the question.

Question 27

It’s not what I want, but it’s OK.

Answer 27

I can live with it.

Question 28

Are you able to balance your work and your private life?

Answer 28

Sometimes it's hard, but it's important to find a life-work balance.

Question 29

In a budget negotiation, can you ask what amount the other person is thinking of?

Answer 29

Yes, we normally ask "What amount did you have in mind?"

Question 30

Do you want to talk about issues that might cause an argument?

Answer 30

You probably want to talk about contentious issues

Question 31

To get something during a negotiation, do you sometimes also have to give something?

Answer 31

Normally you have to make concessions