Why is the forecast of sales revenue considered to be the cornerstone of the master budget?
What will be an ideal response
The forecast of sales revenue is the cornerstone of the master budget because the level of sales affects expenses and almost all other elements of the master budget.
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Craig is the CMO of Speedoconnect, an Internet Services Provider that has been consistently losing market share for the past three quarters. Craig conducts a customer analysis to understand the weaknesses in the company's service operations
Which of the following groups is most critical in this customer analysis? A) competitors' customers B) former customers C) potential customers D) current customers
The ability or skill to perceive, assess and manage the emotions of one's self and others is called ________ intelligence.
Fill in the blank(s) with the appropriate word(s).
Examples of assets are:
A. investments by the owner and revenue. B. accounts receivable and rent expense. C. cash and accounts receivable. D. equipment and revenue.
Which of the following is NOT a strategy for effective meetings?
a. Distribute an agenda in advance b. Let meetings run as long as needed c. Encourage participation d. Seek consensus