Which One of the Following Budgets Would Be Used by All

question 54

Multiple Choice

Which one of the following budgets would be used by all of the following entities: manufacturing firms, merchandise firms, service firms and not-for-profit organizations?

• A)Production budget
• B)Merchandise purchase budget
• C)Cash budget
• D)Direct material budget

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Definitions:

Control Costs

Strategies and practices aimed at minimizing expenses and managing budget in business operations.

ICTs

Information and Communication Technologies, encompassing any digital technology that assists in creating, processing, storing, and exchanging information.

Surveillance

The close observation, especially of a suspected spy or criminal.

Negative Consequences

Undesired or harmful outcomes that result from an action or decision, affecting individuals or groups in various contexts.