A Plan That Lists the Types and Amounts of Selling

question 49

Multiple Choice

A plan that lists the types and amounts of selling expenses expected during the budget period is called a(n) :

• A) Sales budget.
• B) Operating budget.
• C) Capital expenditures budget.
• D) Selling expense budget.
• E) Purchases budget.

---

Definitions:

Transformational Chain

The interconnected steps or processes that lead to a significant change or metamorphosis in an organization or system.

Materials Requirement Plan

A system used in manufacturing to coordinate the supply of materials with production schedules to ensure that materials are available when needed.

Contingency Theories

A class of behavioral theory that contends that there is no one best way of organizing a corporation, leading a company, or making decisions, instead it depends on various situational factors.

Theory Y

A management concept that assumes employees are inherently motivated and can exercise self-control and self-direction in achieving objectives.