Budgets Are Used for All of the Following, Except

question 149

Multiple Choice

Budgets are used for all of the following, except

• A)planning for the future.
• B)controlling operations.
• C)recording actual results.
• D)directing operations.

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Definitions:

Signature Coffee Mugs

Customized or uniquely branded coffee mugs that often represent a company, brand, or personal statement.

Revenue Journal

An accounting ledger where revenue transactions are first recorded.

Posting References

Notations that make the connection between journal entries and the ledgers to which they are posted.

Purchases Journal

A special accounting journal used to record all purchases of merchandise, supplies, or other items on credit.