Which of the Following Describes the Selling and Administrative Expenses

question 4

Multiple Choice

Which of the following describes the selling and administrative expenses budget?

• A)It aids in planning to ensure the company has adequate inventory on hand.
• B)It captures the variable and fixed components of selling and administrative expenses of the business.
• C)It depicts the breakdown of sales based on terms of collection.
• D)It helps in planning to ensure the business has adequate cash.

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Definitions:

Electronic Billboards

Digital advertising structures that display dynamic or static messages and images, commonly used for marketing in high-traffic areas.

Corporate Tail Spend

The small amount of spend that accounts for a majority of an organization's transactions but a minority of its overall spend, often unmanaged or undermanaged.

Business Supply Spending

Expenditure by businesses on the procurement of goods and services necessary for their operations, including office supplies, machinery, and software.

Core Corporate Functions

Essential activities or operations critical to the management and sustained success of a corporation, such as finance, human resources, and marketing.