Which of the Following Factors Need NOT Be Considered in Preparing

question 51

Multiple Choice

Which of the following factors need NOT be considered in preparing the production budget?

• A) Beginning inventory
• B) Manufacturing overhead
• C) Desired ending inventory
• D) Projected sales volume

---

Definitions:

Patent System

A legal system granting inventors exclusive rights to their inventions, preventing others from making, using, selling, or distributing the patented invention without permission.

Technology

The application of scientific knowledge for practical purposes, especially in industry and the design of machinery or equipment.

Negative Externality

An economic situation where a third party suffers costs or disadvantages as a result of a transaction between others, often related to pollution or environmental impact.

Negative Externalities

Costs suffered by a third party due to an economic transaction that they were not involved in, such as pollution from a factory affecting nearby residents.