Select the Correct Statement

question 141

Multiple Choice

Select the correct statement.

• A) Four purposes often claimed for budgeting involve planning, coordination, performance measurement, and reporting.
• B) In a participative budgeting system, budget information flows in one direction only, from bottom to top.
• C) The three major categories of the master budget are operating budgets, capital budgets, and pro forma financial statements.
• D) The accounting department normally coordinates the development of the sales forecast.

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Definitions:

Organic Farming

A method of farming that avoids the use of synthetic pesticides and fertilizers, emphasizing natural processes and biodiversity.

Audience Type

Categories of people targeted by a message, based on characteristics like age, background, or interests.

Attention Span

The length of time a person can concentrate on a task without becoming distracted, which varies based on factors like age, interest, and environmental conditions.

Hostile Audience

A group of listeners or spectators who are antagonistic or unfriendly towards the speaker or the presented ideas.