Which of the Following Is an External Factor That Needs

question 6

Multiple Choice

Which of the following is an external factor that needs to be considered when preparing a budget?

• A) Supplier availability
• B) The scope of the project
• C) The type of client
• D) Cost of training volunteers

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Definitions:

Financing Activities

Transactions and events where cash is raised from or paid to investors and creditors, such as issuing stock, paying dividends, and borrowing money.

Common Stock

A type of equity security that represents ownership in a corporation, giving shareholders voting rights and a share in the company's profits through dividends.

Bond Issue

The process of offering bonds for sale to investors, whereby an issuer borrows capital from bondholders and pays them a predetermined interest rate.

Note Payable

A financial document representing a borrower's promise to pay back a specified amount of money, plus interest, to a lender at a future date.