Which One of the Following Budgets Would Be Used by All

question 155

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:

Glucagon

A hormone produced by the pancreas that raises blood glucose levels, acting as a counterbalance to insulin.

Insulin

A hormone that enhances glucose intake to the cells.

Blood Sugar Levels

The concentration of glucose present in the blood, crucial for maintaining energy supply and overall health; imbalances can indicate diabetes or other health issues.

Stimulate

To encourage or cause an increase in activity or enhancement in a biological, physical, or cognitive process.