Which of the Following Budgets Would NOT Be Prepared for a Merchandising

question 45

Multiple Choice

Which of the following budgets would NOT be prepared for a merchandising firm?

• A)Direct labor budget
• B)Cash budget
• C)Capital expenditures budget
• D)Sales budget

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Definitions:

Studying Economics

The academic examination of how societies use resources to produce goods and provide services, including the analysis of production, consumption, and distribution.

Opportunity Cost

The loss of potential gain from other alternatives when one alternative is chosen, essentially what is forfeited when a particular course of action is selected over others.

Attending College

The act of enrolling in and going to a collegiate institution for higher education, often pursued to gain skills, knowledge, and qualifications for future employment.

Annual College Expenses

The total cost of attending a college or university for one academic year, including tuition, fees, room, board, books, and other related expenses.