Which One of the Following Is Not Needed in Preparing

question 115

Multiple Choice

Which one of the following is not needed in preparing a production budget?

• A) Budgeted unit sales
• B) Budgeted raw materials
• C) Beginning finished goods units
• D) Ending finished goods units

---

Definitions:

Outsourcing

The practice of hiring third parties to perform services or create goods that were traditionally done in-house, to reduce costs and improve efficiency.

Exchange Rate Risk

Exchange rate risk is the potential for investors to experience losses due to changes in the exchange rate between two currencies.

International Commerce

The exchange of goods, services, and capital across international borders or territories.

Industrially Developed Nations

Countries with significant industrialization, advanced technological infrastructure, and high levels of income and standard of living.