Which One of the Following Is the Last Step in Preparing

question 42

Multiple Choice

Which one of the following is the last step in preparing the operating budget?

• A)Budgeted income statement
• B)Production budget
• C)Cash budget
• D)Budgeted balance sheet

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Definitions:

Object Permanence

The understanding that objects continue to exist even when they cannot be observed directly.

Sensorimotor

Relating to or involving both sensory and motor functions or pathways, often used in reference to a stage in early child development.

Preoperational

A stage in Piaget's theory of cognitive development where children from ages 2 to 7 have increasing mental representation but do not yet understand concrete logic.

Concrete Operational

This term refers to Piaget's stage of cognitive development where children aged 7 to 11 years can think logically about concrete events and understand the concept of conservation.