Vector Company seeks input from salespeople regarding the number of units they believe they can sell during the upcoming budget period. This is an example of participative budgeting.
Answer the following statement true (T) or false (F)
True
You might also like to view...
Which of the following depicts the practice that suppliers use to encourage customers to buy extra inventory so as to increase current-year sales?
a. Kiting b. Channel stuffing c. Redating transactions d. Partial shipments
The _______________ Commission has control over swap and futures contracts.
What will be an ideal response?
Which of the following would not be an example of value-added activity?
A) timely deliver of products B) offering the customer a variety of products C) storage of finished products D) excellent customer service
Which of the following is an example of GOOD practice in making a code of conduct effective?
a. Post the code on a notice board without any action b. View the code as a confidential document c. Review and make adjustments when necessary d. Assign one unit within the company to be responsible for the effectiveness of the firm’s ethical commitment