Which of the Following Assumptions Is Made While Preparing a Sales

question 74

Multiple Choice

Which of the following assumptions is made while preparing a sales budget?

• A)The number of units to be sold and selling price per unit
• B)The cash to be received from units sold
• C)The contribution margin per unit and the number of units to be sold
• D)The number of units the manufacturing facility is able to produce

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Definitions:

Decision Making Takes Longer

A situation where the process of choosing between alternatives or making decisions is extended due to various factors, such as complexity or lack of information.

Information Technology (IT)

The use of computers, storage, networking, and other physical devices, infrastructure and processes to create, process, store, secure and exchange all forms of electronic data.

Programmed Decisions

Decisions that are routine and repetitive, often made using standard operating procedures.

Nonprogrammed Decisions

Decisions made in response to situations that are unique, poorly defined, and largely unstructured.