Which of the following statements is true of the operating budget?
A) It is a part of the financial budget.
B) It includes the capital expenditures budget.
C) It includes the sales budget.
D) Its final component is the cash budget.
C
You might also like to view...
Future tax deductions
a. result in deferred tax assets. b. result in deferred tax liabilities. c. occur where the tax basis of liabilities is more than the financial reporting basis. d. occur where the tax basis of assets is less than financial reporting basis.
Given the multiple regression equation, ? = a + b1X1 + b2X2, and the bivariate equation ? = a + bX, why is the partial regression coefficient, b1, different from the regression coefficient, b, obtained by regressing Y on only X1?
What will be an ideal response?
Which of the following is not considered an intangible asset?
a. A leasehold b. An oil well c. A franchise d. Goodwill
With regard to the form requirements for bills of exchange, the ULB differs from the common law in that the ULB requires the instrument to be ________
A. in writing B. payable to order C. payable to bearer D. dated