Consider the Original Budget Matrix

question 197

Multiple Choice

Consider the original budget matrix. Assume there is a 20% increase in manufacturing, a 4% increase in office, a 6% increase in sales, a 21% increase in shipping, a 5% increase in accounting, and a 4% decrease in management. Find the new budget matrix by developing a matrix A to represent these departmental increases and then computing the matrix BA. Mfg. = Manufacturing; Shp = Shipping; Act. = Accounting; Mgt. = Management
​ ​
​

• A)​
• B)​
• C)​
• D)​

---

Definitions:

Pension Funds

Financial programs that accumulate resources during an employee's working years and pay out retirement benefits upon reaching retirement age.

Short-term Securities

Financial instruments, such as bonds or Treasury bills, that mature or are redeemable within a short period, typically less than one year.

Long-term Securities

Financial instruments that have a maturity period exceeding one year and include bonds, debentures, and other investment vehicles.

Credit Union

A member-owned financial cooperative that provides traditional banking services.