Which Budget Adds an Additional Month in the Future as One

question 32

Multiple Choice

Which budget adds an additional month in the future as one month expires so that the company always has a 12-month plan on hand?

• A)a continuous budget
• B)a financial budget
• C)an operational budget
• D)a yearly budget

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Definitions:

Sales Presentation

A Sales Presentation is a formal pitch used by salespeople to introduce and sell a product or service to potential buyers, highlighting benefits and addressing objections.

Differentiating Needs And Wants

The process of distinguishing between what consumers require because it is necessary (needs) and what they desire for personal satisfaction (wants).

Product Advantages

The unique benefits or value a product offers to a customer, distinguishing it from competitor offerings.

SELL Sequence

SELL sequence is a sales strategy that outlines a sequence of steps Salespersons follow to effectively sell a product or service, usually involving stages like Show, Explain, Lead, and Lock.