Which of the Following Describes the Inventory, Purchases, and Cost

question 46

Multiple Choice

Which of the following describes the inventory, purchases, and cost of sales budget?

• A)It captures the variable and fixed expenses of the business.
• B)It depicts the breakdown of sales based on terms of collection.
• C)It helps in planning to ensure the business has adequate cash.
• D)It aids in planning to ensure the company has adequate inventory on hand.

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Definitions:

Zygote

The initial cell formed when a sperm cell unites with an egg cell, marking the beginning of a new organism.

Organic Matter

Material derived from living organisms, including plants, animals, and their byproducts, containing carbon compounds.

Proteins

are large, complex molecules made up of amino acids that play many critical roles in the body, including catalyzing metabolic reactions, DNA replication, responding to stimuli, and transporting molecules from one location to another.

Cytoplasm

The gel-like substance within a cell, excluding the nucleus, containing organelles and is involved in numerous cellular processes.