The process of planning future business actions and expressing them as a formal plan is called:

A. Standard cost analysis.
B. Cost accounting.
C. Managerial accounting.
D. Budgeting.
E. Variance analysis.


Answer: D

Business

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A) analyzing the situation. B) choosing the right words. C) planning the content, length, and style of your speech or presentation. D) deciding on the right mix of visuals and text for your slides. E) inviting audience members.

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At the break-even point, variable expenses and fixed expenses are equal

Indicate whether the statement is true or false

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The balance sheet does provides all the information an analyst wants or needs about a firm's resources and the claims on those resources

Indicate whether the statement is true or false

Business

________ segmentation focuses on why people buy what they buy.

A. Occasion B. Benefits sought C. Usage rate D. Demographic E. Social class

Business