What Does These Term Refere To

question 13

Multiple Choice

What does these term refere to:
-Sound file extensions

• A) rgb
• B) jpeg
• C) mpeg
• D) cmyk

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Definitions:

Budget

An estimate of income and expenditure for a set period of time.

Master Budget

A comprehensive financial planning document that consolidates all of a company’s budgets for sales, production, overhead, administration, and others into one overall budget.

Safety Stock

An additional quantity of an item kept in the inventory to reduce the risk of stockouts due to uncertainties in supply and demand.

Budgeted Income Statement

A financial statement that projects income, expenses, and net profit for a future period based on management's expectations and budgeting process.