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:

Institutional Review Board (IRB)

A committee established to review and approve the ethical aspects of research studies involving human subjects, ensuring that the studies are conducted ethically and the rights of participants are protected.

Research Project

A systematic investigation undertaken to gather information, analyze data, and generate new knowledge on a specific topic or question.

Large-Scale Institutions

Broad systems or organizations in society that influence the structure and functioning of social life, such as government, education and religious institutions.

Individual Interactions

The exchanges and communication between people, which can influence thoughts, feelings, and behaviors.