Which of the Following Statements Is True of the Budgeting

question 98

Multiple Choice

Which of the following statements is true of the budgeting process?

• A)It includes qualitative targets of the company, not just quantitative.
• B)It is a continuous process.
• C)It shows the actual performance of the business.
• D)Its success is not dependent on human behavior.

Understand the characteristics of enterprise instant messaging systems.

Appreciate the strategic use of blogs for real-time communication, including crisis communication.

Identify good practices for using instant messaging effectively in the workplace.

Apply the three-step writing process for clear and effective business communication via IM.

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Definitions:

Accrued Interest

Interest that has accumulated on a loan or bond since the last payment date but has not yet been paid out.

Commission

A fee paid to an agent or employee for transacting a sale, which is typically a percentage of the sale price.

Accrued Interest

Interest that has accumulated over a certain period but has not yet been paid or received.

Interest Rate

The percentage of a sum of money charged for its use, determining the cost of borrowing or the return on savings.