Which of the Following Describes the Inventory,purchases,and Cost of Sales

question 156

Multiple Choice

Which of the following describes the inventory,purchases,and cost of sales budget?

• A) It helps in planning to ensure the business has adequate cash.
• B) It captures the variable and fixed expenses of the business.
• C) It depicts the breakdown of sales based on terms of collection.
• D) It aids in planning to ensure the company has adequate inventory on hand.

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Definitions:

Personality Type

A classification of individuals based on their characteristic patterns of thinking, feeling, and behaving.

Preference

An individual's choice or inclination toward a particular option or thing over another.

Adjustment

The process of adapting or becoming accustomed to new conditions, situations, or environments.

Demands

Refers to the requirements or needs that must be met in various contexts, such as job demands in the workplace.