Describe the (3)three Types of Basic Methods of Research

question 63

Essay

Describe the (3)three types of basic methods of research.Which ones would be used for descriptive research or causal research? Why?

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Definitions:

Operating Budget

A detailed projection of all estimated income and expenses based on forecasted sales revenue during a given period, usually a fiscal year.

Cash Budget

A detailed plan that estimates cash inflows and outflows over a certain period, helping businesses manage their cash flow and liquidity.

Sales Budget

A detailed plan outlining the expected revenues from the sale of products or services over a specific period, serving as a roadmap for the company's sales strategy and performance expectations.

Finished Goods Inventory

The stock of completed products that are ready to be sold by a manufacturing company.