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Which of the following is not a level of planning for business activity? a)opera

ID: 2741356 • Letter: W

Question

Which of the following is not a level of planning for business activity?

a)operations budgeting
b)estate planning
c)capital budgeting
d)strategic planning

Which of the following is a plan for acquiring the inventory needed to satisfy sales budget?
a)inventory purchases budget
b)raw materials budget
c)sales budget
d)direct labor budget

What is the "key" to the entire operating budget?
a)the production/purchases budget
b)the budgeted balance sheet
c)the expected sales activity
d)the forecast of financing activity

Cash payments for selling and administratie expenses would not include:

A) sales commissions
b) plant and building depreciation
c) rent expenses
d) utilities expense

Explanation / Answer

1. Which of the following is not a level of planning for business activity?

          b)estate planning

2. Which of the following is a plan for acquiring the inventory needed to satisfy sales budget?.

         a)inventory purchases budget

3. What is the "key" to the entire operating budget?

         a)the production/purchases budget

4. Cash payments for selling and administratie expenses would not include:

         b) plant and building depreciation

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