An Expression Using the Logical Operator ____ Evaluates to True

question 61

Multiple Choice

An expression using the logical operator ____ evaluates to true when only one but not both of the two compound conditions are true.

• A) Nor
• B) OrElse
• C) AndAlso
• D) Xor

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Definitions:

Optimistic Sales Budget

A sales budget that is prepared with the expectation of achieving the best-case scenario in sales volume and revenue.

Excessive Inventories

Situation where a company holds a larger quantity of inventory than necessary, which can tie up capital and increase holding costs.

Financial Planning Models

Tools or software used for forecasting a business's financial performance, evaluating business strategies, and planning for future financial actions.

Sales Forecast

An estimate of the amount of revenue that a company expects to generate from the sale of goods or services in a future period.