Which of the Following Is an Internal Audience for a Private

question 2

Multiple Choice

Which of the following is an internal audience for a private sector organization?

• A) Its competitors
• B) Its customers
• C) Its employees
• D) Its suppliers
• E) Government officials

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Definitions:

Flexible Budget

A budget that adjusts or flexes with changes in volume or activity levels, allowing for more accurate forecasting and planning.

Planning Budget

A budget created at the beginning of the budgeting period that is valid only for the planned level of activity.

Budgeted Overhead Cost

The anticipated indirect costs of production planned for a specific period, often part of a company's operating budget.

Variable Overhead Costs

Expenses that fluctuate with production volume, such as utilities or raw materials, which are not directly linked to a specific unit of production.