Directions: Choose the Best Answer Based on the Information You

question 20

Multiple Choice

Directions: Choose the best answer based on the information you read in Chapter 7. ​ Which of the following is not a common pattern of organization?

• A)chronological
• B)quotations
• C)cause-effect
• D)comparison-contrast

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Definitions:

Administrative Expenses

Costs associated with the general administration of a business, such as salaries of executive officers, legal and secretarial expenses.

Client-visits

The instances when a client or customer visits a business premise for the purpose of obtaining services or conducting business.

Activity Variance

The difference between budgeted and actual costs due to changes in the level of activity.

Budgeting

Formulating a scheme for managing your funds, highlighting a firm's monetary and practical ambitions.