Which Budget Is Best for Managers to Use to Plan

question 145

Multiple Choice

Which budget is best for managers to use to plan revenues and expenses at different sales volumes?

• A) Capital budget
• B) Flexible budget
• C) Static budget
• D) Master budget

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Definitions:

Cleanliness

The state of being clean and free from dirt, and the process of achieving and maintaining that state.

Individualist Cultures

Cultures in which the self is regarded as autonomous, and individual goals and wishes are prized above duty and relations with others.

Personal Goals

Individual objectives, targets, or ambitions that a person aims to achieve or accomplish.

Obligation

A duty or commitment that an individual is bound to, either legally, morally, or emotionally.