Required information for preparing a ________ budget includes types and capabilities of machines and availability of materials.
A. cost
B. sales
C. cash
D. capital
E. production
Answer: E
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Which of the following is the primary factor in determining the functional currency of a foreign subsidiary?
a. How the costs for the foreign entity's product are determined b. The denomination of the foreign entity's financing c. The location of the primary sales market that influences the price of the foreign entity's product d. Management's assessment of all relevant factors
Refer to Oakland Athletics. Beane’s subordinates respect the general manager’s abilities, trust him to do what his best for the team, and like him as a person. In terms of situational favorableness, Beane’s leadership ability is influenced by ____.
A. strong position power B. empowerment C. low task structure D. weak position power E. good leader-member relations
The process of developing budget estimates by requiring all levels of management to estimate sales, production, and other operating data as though operations were being initiated for the first time is referred to as:
A) flexible budgeting B) continuous budgeting C) zero-based budgeting D) master budgeting
The major difference between a contest and a sweepstakes is _____
a. that contests are aimed at repeat purchases b. that contests are tied to patronage c. the extent to which skill is involved in winning d. the sponsorship