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:

Administrative Fee

A charge by an institution or business for administrative costs, often added to transactions, memberships, or services.

Monopolized Labor Market

A labor market where a single employer significantly controls the market for jobs and wages.

Equilibrium Wage

The wage rate that balances the quantity of labor supplied and the quantity of labor demanded in a labor market.

Marginal Product

The additional output generated by employing one more unit of a specific factor of production, holding other factors constant.