Lincoln County Enacts an Ordinance to Limit the Number of New

question 2

Multiple Choice

Lincoln County enacts an ordinance to limit the number of new homes that can be built within certain acreage.Miko,a local property owner,files a suit against the county,alleging an unconstitutional taking without compensation.The court is most likely to rule in the county's favor if the purpose of the ordinance is to

• A)further major developers' interests.
• B)impose preservation costs on property owners.
• C)increase local tax revenue.
• D)preserve local natural resources.

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Definitions:

Cash Budget

An estimation of cash inflows and outflows for a business over a specific period, used for managing the company's cash flow.

Production Budget

An estimate of the total number of units that must be produced in a given period to meet expected sales and inventory levels.

Sales Budget

A detailed schedule showing expected sales expressed in both dollars and units.

Direct Labor Budget

An estimate of the total direct labor cost for a future period, considering the projected demands for production or services.