This Action Allows the Stock to Be Purchased on the Open

question 83

Multiple Choice

This action allows the stock to be purchased on the open market and gives investors a chance to get a return of cash.

• A)liquidation
• B)IPO
• C)exit plans and clauses
• D)company registration

---

Definitions:

Activity-Based Budgeting

A budgeting method where activities that incur costs in every department of an organization are recorded and their budgets are prepared.

Expected Activities

Forecasted or anticipated actions taken by an individual, group, or organization that aim to achieve certain goals or outcomes.

Financial Statement Effects

The impact of business transactions and events on the financial statements, reflecting changes in financial position.

Budgeted Income Statement

A financial forecast that projects a company's revenue, expenses, and net income for a given period.