A Division Manager Is Told to "Maximize the Sales of the Division

question 72

Multiple Choice

A division manager is told to "maximize the sales of the division" and is then evaluated on the basis of the net sales generated by the division.This is an example of:

• A)A profit budget approach
• B)A revenue budget approach
• C)An expense budget approach
• D)A cash flow budget approach
• E)A capital budget approach

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Definitions:

PID Control

A type of feedback control system that uses Proportional, Integral, and Derivative terms to control an output variable, widely used in industrial control systems.

Mathematical Functions

Predefined operators or procedures in programming that perform calculations or mathematical operations on data.

Cycling

The process of repeating a set of operations or events periodically. In mechanical and electronic systems, cycling refers to the continuous repetition of processes.