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.

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Definitions:

Tropical Rain Forest

A hot, moist biome found near Earth's equator characterized by high levels of rainfall and biodiversity.

Savannah

A mixed ecosystem characterized by the coexistence of trees and grassland, often found in regions with seasonal rainfall patterns.

Food Web

A complex interconnection of all the food chains in an ecosystem.

Food Chain

A sequence that displays the feeding relationships between organisms, showing how energy and nutrients flow from one organism to another.