Variable Budget Is Another Name For

question 122

Multiple Choice

Variable budget is another name for:

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

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Definitions:

Tariff Revenue

Income earned by a government through the imposition of tariffs or taxes on imported goods.

Domestic Price

The price at which goods or services are sold within a country's own market, excluding any tariffs, duties, or international shipping costs.

Free Trade

The free trade of goods and services across nations without the application of restrictions like tariffs, duties, and quotas.

Tariff Revenue

The income that a government earns from imposing tariffs, which are taxes on imports or exports.