The Process of Planning Business Actions in the near Future

question 38

Multiple Choice

The process of planning business actions in the near future and expressing them as formal plans is called:

• A)Budgeting.
• B)Cost accounting.
• C)Managerial accounting.
• D)Auditing.
• E)Financial Accounting.

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Definitions:

Brick-And-Mortar

Traditional physical retail stores as opposed to online or virtual stores.

Marketing Mix

The Marketing Mix is a framework that consists of the 4Ps: Product, Price, Place, and Promotion, used by businesses to market their products effectively.