Which of the Following Budgets Is Not Applicable to a Service

question 213

Multiple Choice

Which of the following budgets is not applicable to a service company?

• A) Sales
• B) Cash
• C) Operating expense
• D) Cost of goods sold, inventory and purchases

---

Definitions:

Traditional Action

A term often associated with Max Weber, referring to actions motivated by established habits or customs rather than rational calculations or ethical considerations.

Means-ends Rationality

A concept in sociology that refers to people's actions being directed towards achieving specific goals by the most efficient means.

Affective Action

Actions driven by emotions and feelings rather than rational calculations.

Qualified Personnel

Refers to individuals who are officially recognized as being skilled or competent in their profession or occupation through education, training, and experience.