All Are Examples of Ways to Cut Budgets According to Your

question 59

Multiple Choice

All are examples of ways to cut budgets according to your text except __________.

• A) cut equipment viewed as luxuries
• B) use precedent-cut items that have been cut before
• C) cut all requests for personnel increases
• D) all are ways to cut budgets

---

Definitions:

Blanket Inventory Lien

A security interest granted by a borrower to a lender, covering all of the borrower's inventory.

Revolving Line of Credit

A credit facility extended by a financial institution to a client that allows the borrower to draw, repay, and redraw loans advanced to them up to a specified maximum amount.

Annual Sales

Annual sales is the total amount of sales or revenue a company generates in a fiscal year.

Retailer

A retailer is a business or person that sells goods directly to consumers for personal or household consumption.