Which of the following factors is least likely to be considered in preparing a sales budget?
A. Prediction of unit sales.
B. Business capacity.
C. Proposed selling expenses, such as advertising.
D. Forecasted economic and market conditions.
E. The capital expenditures budget.
Answer: E
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A firm has two partners: Jim and Bill. Jim owns 60% of the partnership and Bill owns 40%. In which of the following transactions will the partnership be held responsible for an individual partners' actions?
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The planning and monitoring of a retailer's financial investment in merchandise over a stated time period is _____
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Unlike the largely observable aspects of economic, legal, and political aspects, ______ is largely invisible in the context of international management.
A. boundaries B. society C. culture D. globalization