Time Remaining: 10 of 31 A new piece of equipment requires special software for diagnostics and maintenance purposes. Once the software is purchased, it will not need to be purchased again. Which contract mechanism would most likely be used to procure this software? Fixed type contract One time purchase order Blanket purchase order National buy contract 9 of 31 Which type of budget will identify the financial implications of undertaking a major renovation of the fitness center in a large commercial property, including the use of sustainable materials, improving the interior air quality, making energy efficiency enhancements, and providing greater access to daylight and views? Operational budget Incremental budget Flexible budget 00 Capital budget act Click to navigate Course Contents instead. 8 of 31 One budgeting approach is for top management to set the facility management budget. The goal is to reflect the organization's strategic objectives and control the decisions. What type of approach is this? Flexible budgeting Participative budgeting Authoritative budgeting it Zero-based budgeting