A Plan That Lists the Types and Amounts of Selling

question 44

Multiple Choice

A plan that lists the types and amounts of selling expenses expected during the budget period is called a(n) :

• A)Sales budget.
• B)General and administrative budget.
• C)Capital expenditures budget.
• D)Selling expense budget.
• E)Purchases budget.

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Definitions:

Utilitarian Justice

A theory in ethics and economics that suggests actions should be judged as morally right if they result in the greatest good for the greatest number of people.

Distributional Justice

The philosophical and theoretical discussions and principles concerning the fair allocation of goods among members of society.

Income Redistribution

The transfer of income from certain individuals or groups to others through mechanisms such as taxation, welfare, and subsidies to achieve economic equity.

Utilitarian Justice

A principle in ethics and political philosophy that actions are right if they are useful or for the benefit of a majority, focusing on outcomes that maximize happiness or reduce suffering.