Which of the Following Budgets Is Used for Areas of the Organization

question 93

Multiple Choice

Which of the following budgets is used for areas of the organization that incur expenses but no revenue?

• A) sales budget
• B) production budget
• C) cost budget
• D) cash budget
• E) master budget

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Definitions:

Standard Normal Distribution

The Standard Normal Distribution is a normal distribution with a mean of 0 and a standard deviation of 1, used in statistical analysis for z-scores.

Z Score

A statistical measurement that describes a value's relationship to the mean of a group of values, measured in terms of standard deviations from the mean.

Standard Normal Distribution

A distribution of a continuous random variable that is normalized, resulting in a mean of 0 and a standard deviation of 1.

Normal Probability Distribution

A standard normal distribution, often used in statistics to represent real-valued random variables of unknown distributions.