The Budgeting Technique That Focuses on Different Phases of a Product

question 5

Multiple Choice

The budgeting technique that focuses on different phases of a product such as planning and concept design,testing,manufacturing,and distribution and customer service is known as:

• A)cash-flow budgeting.
• B)integrative budgeting.
• C)base budgeting.
• D)comprehensive budgeting.
• E)life-cycle budgeting.

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Definitions:

Maturity Value

The amount payable to an investor at a security's maturity date, including principal and any remaining interest.

Cash Debited

An accounting entry that increases the cash balance in a company's ledger.

Notes Receivable

Financial assets representing amounts owed to the holder by others through formal written agreements stipulating payment terms.

Open Account

A credit arrangement where goods and services are provided with the agreement that payment will be made at a later date.