Choose the Correct Statement: a Sales Budget

question 14

Multiple Choice

Choose the correct statement: a sales budget:

• A)summarises all the planned activities of the business
• B)is the budget that is the starting point in the budget process,determining the purchasing and operating expense levels
• C)is the budget that shows how individual selling,distribution and administrative expense items behave when sales volume changes
• D)is prepared from the budgeted sales,the budgeted operating expenses,and the budgeted cost of goods sold
• E)is the budget of expected receipts and payments
• F)is the budget that is the ending point in the budget process,and cannot be completed until all other budgets are prepared

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Definitions:

Primary Reinforcer

A stimulus that is inherently rewarding and fulfills a basic biological need or desire.

Secondary Reinforcer

A stimulus that gains its reinforcing power through its association with a primary reinforcer, such as praise, money, or tokens, which are not naturally rewarding.

Observational Learning

The process of learning by watching the actions of others and the consequences of those actions, also known as social learning.

Higher-order Conditioning

Higher-order conditioning is a process in behavioral psychology where a stimulus that was previously neutral becomes conditioned by being paired with an already conditioned stimulus.