A Sentence in Which the First Letters of the Words

question 27

Multiple Choice

A sentence in which the first letters of the words correspond to the material that is to be remembered is referred to as a(n)

• A)rhyme.
• B)acrostic.
• C)acronym.
• D)mnemonic.

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Definitions:

Master Budget

A comprehensive financial plan made up of several smaller and specific budgets, combining them into one overarching budget.

Individual Budgets

Specific financial plans for departments, projects, or activities within a company, detailing expected revenues and expenses.

Selling Expenses Budget

This refers to a detailed plan that outlines all the expenses associated with the selling activities of a business over a specific period.

Sales Budget

A detailed forecast of a company's sales revenue expected to be generated in a specific time period.