The ________, prepared by manufacturing firms, shows the number of units to be produced in a period based on the unit sales projected in the sales budget, along with inventory considerations.
What will be an ideal response?
production budget
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You should use brief examples:
a. sparingly for extra impact b. in almost everything you write c. in about a third of your business correspondence d. in about two thirds of your business correspondence
Which psychological factor is particularly important to consumers seeking social status?
a. personality b. class consciousness c. perceived risk d. culture
Which of the following would be an example of conservative accounting?
A. Assessing the probability of a contingent liability as probable. B. Estimating the percentage of bad debts as 6% of accounts receivable instead of 10% of accounts receivable. C. Estimating warranty costs to be 4% of sales instead of 9% of sales. D. Estimating that none of the inventory has a market value below cost rather than estimating that some inventory has a market value below cost.
Band Instruments, Inc, sells seventy-six trombones to Community & School Band Source, Inc To avoid liability for most implied warranties, Band Instruments should state in writing that the trombones are sold A) as is
B) by a merchant. C) in perfect condition. D) with no known defects.