The key input to any cash budget is ________
A) the sales forecast
B) the production plan
C) the pro forma balance sheet
D) the current tax laws
A
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Successful professionals understand that persuasion is the attempt to get your audience to make the choices you want them to make—even if those choices are not in their best interest
Indicate whether the statement is true or false.
A system has three major parts with reliabilities of 0.68, 0.68, and 0.57. In order to improve the reliability, each component has a backup each with a reliability of 0.98. Compute and indicate the composite reliability of the system.
A. 0.979 B. 0.872 C. 0.831 D. 0.731
Two forms of demand-based pricing are ________
A) price bundling and captive pricing B) price skimming and penetration pricing C) fixed pricing and variable pricing D) target costing and yield management pricing E) price leadership and everyday low pricing
Answer the following statements true (T) or false (F)
1. The ability to work with budgets and financial statements is a must, if you want to advance and succeed in business. 2. A capital expenditures budget is a forecast of total operating spending for the year. 3. It is possible to have lots of revenues and yet make a profit. 4. The only way to really increase long term profits is to increase revenues.