Which of the Following Is Not a Source That Can

question 92

Multiple Choice

Which of the following is not a source that can be used in preparing the sales budget?

• A)Prior sales.
• B)The production budget.
• C)Industry trends.
• D)Marketing activities.

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Definitions:

Actual Rate

The interest rate that is actually earned or paid on an investment, loan, or other financial product.

Interest

The cost of borrowing money, typically expressed as a percentage of the amount borrowed.

Credit Card

A plastic card issued by a bank allowing the holder to purchase goods or services on credit.

Rate Of Return

The financial increment or decrement experienced in the value of an investment over a specific duration, highlighted as a percentage of the initial capital deployed.