List and describe the three types of budgets that are included in the master budget
What will be an ideal response
1. Operating budget - The set of budgets that projects sales revenue, cost of goods sold, and selling and administrative expenses, all of which feed into the cash budget and then the budgeted financial statements.
2. Capital expenditures budget - The budget that presents the company's plan for purchasing property, plant, equipment, and other long-term assets.
3. Financial budget - The budget that includes the cash budget and the budgeted financial statements.
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The purpose of a ________ network is to help deal with a variety of ongoing and future problems.
A) Service implementation B) Information diffusion C) Problem solving D) Community capacity building
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________ managers are responsible for translating the general goals and plans developed for an organization into more specific activities.
A. Functional B. Operational C. Tactical D. Strategic E. Activities
Coorgs Coffee, Inc. has substantial market share in South America but seeks growth. Its managers want to expand into North America and target cities with populations of 50,000-99,999. Which segmenting dimension is most likely being used by Coorgs Coffee?
A. geographic B. attitudes of consumers C. urgency to get need satisfied D. demographic E. behavioral