Which of the Following Budgets Is Not Required in a Service

question 11

Multiple Choice

Which of the following budgets is not required in a service organization?

• A) Cash.
• B) Sales.
• C) Labor.
• D) Cost of goods solD.
• Service organizations do not manufacture or sell goods.The cost of goods sold budget is needed when there are inventories.

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Definitions:

Continuous Reinforcement

A type of learning in which a behavior is reinforced every time it occurs, leading to rapid learning.

Flooding

A psychological treatment method where individuals are exposed to a vast amount of the fearful stimulus until the fear diminishes.

Programmed Learning

An educational technique involving self-teaching with the use of specially prepared instructional materials and a step-by-step sequence that allows for self-paced learning.

Operant Conditioning

A method of learning that employs rewards and punishments for behavior, encouraging the repetition of desired behaviors and discouraging those that are undesirable.