Match Each Item with a Statement Below

question 31

Short Answer

Match each item with a statement below.
a.Dim
f.two-dimensional array
b.simple variable
g.Private
c.populate
h.one-dimensional array
d.element
i.array
e.subscript
-Can be visualized as a table of variables

Calculate budgeted selling and administrative expenses.

Apply knowledge of budgeting to analyze and prepare financial forecasts.

Understand the timing of cash flows related to sales and purchases.

Analyze the effect of different credit terms and payment policies on cash budgeting.

---

Definitions:

Disposable Income

The amount of money an individual or household has to spend or save after taxes have been deducted.

Inflation

A measure of the rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling.

Gross Domestic Product

The complete value, in monetary or market terms, of all final goods and services made within the confines of a nation during a particular time frame.

Sociocultural Changes

Modifications in society and culture over time, often influencing consumer behavior, social norms, and business practices.