Which of the Following Is an Example of a Financial

question 5

Multiple Choice

Which of the following is an example of a financial budget?

• A)Budgeted balance sheet
• B)Sales budget
• C)Budgeted income statement
• D)Operating expenses budget

---

Definitions:

Retrained

The process of teaching employees new skills or refreshing their existing skills to meet the current demands of their job or prepare for new job roles.

HR Supply

The availability of qualified candidates, both internally and externally, to meet the human resources needs of an organization.

Employee Turnover

The rate at which employees leave a company and are replaced by new hires, often used as an indicator of the work environment and employee satisfaction.

Markov Model

A mathematical system that undergoes transitions from one state to another on a state space, used for stochastic (random) processes that depend only on the current state and not on the sequence of events that preceded it.