If Budget Forecasts Are Incorrect You Can Change the Budget

question 12

Multiple Choice

If budget forecasts are incorrect you can change the budget amounts by -

• A)cancelling the budget this account feature
• B)processing an entry through the general journal
• C)editing amounts in the general ledger budget tab screen
• D)you cannot change the amounts once they are set for a period

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Definitions:

Pricing Practice

The methods and strategies used by businesses to set and adjust prices for their products or services.

Average Revenue

The amount of money a company makes per unit of goods or services sold, calculated by dividing total revenue by the number of units sold.

Distributed Team

A group of individuals who work together from different geographical locations, often coordinating their efforts through technology.

Computer-based Interactions

Interactions that occur through or with the help of computers, including communication, transactions, or any form of exchange of information digitally.