Which of the Following Equations Can Be Used to Budget

question 62

Multiple Choice

Which of the following equations can be used to budget purchases?
(BI = beginning inventory,EI = ending inventory desired,CGS = budgeted cost of goods sold,P = budgeted purchases)

• A)P = CGS + BI - EI
• B)P = CGS + BI
• C)P = CGS + EI + BI
• D)P = CGS + EI - BI

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Definitions:

Relationship Behavior

How individuals act or interact in their personal or professional relationships, influenced by emotions, communication patterns, and social dynamics.

High-Performance

Describes systems, organizations, teams, or individuals that achieve superior results relative to their goals and resources.

Contingency Planning

The process of developing responses in advance for various possible emergencies, crises, or unexpected conditions.

Manage Risk

The process of identifying, assessing, and controlling threats to an organization's capital and earnings.