Most Top Executives Started Out as

question 83

Multiple Choice

Most top executives started out as

• A)technical experts.
• B)chartered accountants.
• C)human relations executives.
• D)marketing professionals.

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Definitions:

Sales Budget

A financial plan that outlines the expected sales, revenues, and the strategic plan for selling products or services during a specific period.

Cash Receipts

Monies received by a business, typically recorded during the period they are received.

Monthly Cash Budget

A detailed plan that estimates the cash inflows and outflows for a business over a specific month, assisting in management of cash resources.

Current Liabilities

Liabilities that will be due within a short time (usually one year or less) and that are to be paid out of current assets.