Select the Best Word or Phrase for the Blank in the Following

question 164

Multiple Choice

Select the best word or phrase for the blank in the following sentence.
Last Christmas, my daughter ______ a computer and this year she′s asking for a new smartphone.

• A)is wanting
• B)wanted
• C)will want
• D)will be wanting

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Definitions:

Budgeting

The process of creating a plan to spend your money, outlining future financial goals and how resources will be allocated to achieve them.

Differential Costs

The difference in total cost that will result from selecting one alternative over another.

Variable

A quantity or element that is subject to change, often used in mathematical equations or experiments to represent changeable factors.

Contribution Format

A type of income statement where costs are segregated into variable and fixed categories, emphasizing cost behavior and contribution margin.