Which of the Following Statements Is True

question 67

Multiple Choice

Which of the following statements is true?

• A)Budgets are essentially based on the sales forecast.
• B)Budgets often have to be revised in light of actual performance.
• C)It is important for all employees to participate in the budget making process.
• D)All of these.
• E)None of these.

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Definitions:

Hurricane Sandy

A tropical cyclone that hit the Caribbean and United States in October 2012, causing widespread destruction and flooding, particularly in New York and New Jersey.

Atlantic Coast

The eastern boundary of the North and South American continents, stretching from the Arctic Ocean in the north to the southern tip of South America, characterized by diverse ecosystems and geological features.

Tornado Alley

Tornado Alley is a colloquial term for a region in the central United States particularly prone to frequent and intense tornadoes, primarily due to its unique geographical and climatic conditions.

Global Warming

The long-term rise in Earth's average temperature, caused mainly by the increase of greenhouse gases in the atmosphere due to human activities.