Which Statement Is Incorrect

question 51

Multiple Choice

Which statement is incorrect?

• A)A budget defines precise targets, e.g., level of sales, levels of inventory.
• B)A budget is expressed in monetary terms.
• C)A budget is a short-term plan.
• D)A budget summarises past information.

---

Definitions:

Digital Signal

An electronic signal that represents data as a series of discrete values, typically used in digital electronics and communication.

DC

Direct Current, a type of electrical current where the flow of electric charge is in a constant direction, contrasted with alternating current (AC).

AC

Alternating Current, a type of electrical current in which the flow of electric charge periodically reverses direction.

XIC Instruction

In ladder logic and PLC programming, the "Examine if Closed" instruction that checks if a particular condition is true (i.e., if a contact is closed).