Which of the Following Factors Is Least Likely to Be

question 61

Multiple Choice

Which of the following factors is least likely to be considered in preparing a sales budget?

• A) Plant (factory) capacity.
• B) General economic and industry conditions.
• C) Past sales volume.
• D) The cash budget.
• E) Proposed advertising expenses

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Definitions:

Insured

The individual or entity covered by an insurance policy, who is entitled to benefits in case of a covered loss.

Insurance Agent

A professional authorized to sell and advise on insurance policies, acting as an intermediary between insurers and policyholders.

Liability Coverage

Insurance protection against claims resulting from injuries and damage to people and/or property.

Insured

A person or entity covered under an insurance policy to receive compensation for losses or damages.