A Plan Showing the Units of Goods Expected to Be

question 70

Multiple Choice

A plan showing the units of goods expected to be sold and the expected revenue from sales,which is the cornerstone of the master budget,is called the:

• A)Cash budget.
• B)Sales receipts budget.
• C)Sales forecast.
• D)Cash receipts budget.
• E)Sales budget.

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Definitions:

Calcium Carbonate

A chemical compound with the formula CaCO3, found in rocks such as limestone, and is the main component of shells of marine organisms, snails, and eggs.

Precipitation

Any form of water - liquid or solid - falling from the atmosphere to the Earth's surface, including rain, snow, sleet, and hail.

Evaporation

The process by which water changes from a liquid to a vapor or gas, often driven by heat from the sun.

Caves Collapse

The sudden failure and falling in of a cave's ceiling or walls, often due to natural processes such as erosion or the removal of supporting material.