Which of the Following Types of Budgets Plot Anticipated Sales

question 141

Multiple Choice

Which of the following types of budgets plot anticipated sales or revenues against expenses?

• A) Zero-based budgets
• B) Nonmonetary budgets
• C) Financial budgets
• D) Operating budgets
• E) Fixed budgets

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Definitions:

Marginal Productivity

The additional output that is produced by utilizing one more unit of a variable input, holding all other inputs constant.

Marginal Product

The additional output produced by employing one more unit of a particular input, holding other inputs constant.

Rental Price

The cost associated with leasing or renting an asset, property, or service.

Capital Equipment

Long-term assets a business uses in the production of goods and services, such as machinery, buildings, and vehicles.