All of the Following Budgets Are Prepared by Merchandising Companies

question 97

Multiple Choice

All of the following budgets are prepared by merchandising companies except

• A)sales.
• B)operating expense.
• C)direct materials.
• D)cost of goods sold, inventory and purchases.

---

Definitions:

Positive Selection

A process in the immune system whereby cells that recognize a foreign antigen with high affinity are selectively proliferated.

Cold

A decrease in temperature, or a viral infection causing symptoms like runny nose, coughing, and sore throat.

Adaptive Immunity

A subsystem of the immune system that is characterized by the creation of antibodies and the establishment of memory cells, providing long-term immunity against pathogens.

Lymphatic Capillary

Beginning of the lymphatic system of vessels; lined with flattened endothelium lacking a basement membrane.