Another Term for Factors of Production Is

question 77

Multiple Choice

Another term for factors of production is

• A)inputs.
• B)output.
• C)goods.
• D)services.

---

Definitions:

Variable Selling And Administrative Expense

Costs that vary with sales volume, such as commissions or shipping charges.

Master Budget

A comprehensive financial planning document that includes all of a company's budgets, combining sales, production, and financial aspects to overview performance.

Sales Forecast

An estimate of the amount of sales a company expects to achieve over a specific period, often used for strategic planning and resource allocation.

Sales Budget

A financial plan that estimates future sales, often broken down into units and revenue, for a specific period.