What Is the Proper Preparation Sequencing of the Following Budgets

question 85

Multiple Choice

What is the proper preparation sequencing of the following budgets?
1. Budgeted Balance Sheet
2. Sales Budget
3. Selling and Administrative Budget
4. Budgeted Income Statement

• A) 1, 2, 3, 4
• B) 2, 3, 1, 4
• C) 2, 3, 4, 1
• D) 2, 4, 1, 3

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Definitions:

Variable-ratio Schedule

In operant conditioning, it is a reinforcement strategy where a response is rewarded after an unpredictable number of responses, leading to high and steady response rates.

Successive Approximation

A method used in behavior therapy to gradually achieve a target behavior through small steps towards the goal.

Fixed-interval Scheduling

A type of operant conditioning reinforcement schedule where rewards are given after a fixed time period, causing a scalloped pattern of response rates.

Discrimination

refers to the unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, or sex.