Variable Budget Is Another Name For

question 154

Multiple Choice

Variable budget is another name for:

• A) Cash budget.
• B) Flexible budget.
• C) Fixed budget.
• D) Manufacturing budget.
• E) Rolling budget.

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Definitions:

Shareholders

Individuals or entities that own shares in a corporation, giving them ownership stakes and sometimes rights to dividends and to vote on corporate matters.

Uniform Partnership Act

A set of laws adopted by states that governs the formation, operation, and dissolution of partnerships.

Model Business Corporation Act

A set of model laws prepared to provide a standard for state corporation statutes and promote uniformity in business law among the states.

Express Agreement

A contract in which the terms and intentions of the parties are stated clearly, either orally or in writing.