Budgets That Are Periodically Revised and Have New Periods Added

question 15

Multiple Choice

Budgets that are periodically revised and have new periods added to replace those that have lapsed are called:

• A)Production budgets.
• B)Sales budgets.
• C)Cash budgets.
• D)Rolling budgets.
• E)Capital expenditures budgets.

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Definitions:

Inorganic

Refers to chemical substances that are not made up of carbon-hydrogen bonds, typically including minerals, metals, and salts.

Particle Size

A characteristic measuring the dimensions of particles in a material or substance, impacting properties like flow, reactivity, and dispersion.

Clay

A natural, Earthy material composed of fine-grained minerals, often used in making pottery, bricks, and sculptures.

Sand

Fine, granular material, composed mainly of rock and mineral particles, prevalent in deserts, beaches, and riverbeds, used in construction and manufacturing.