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Unit sales of Product A are currently 10000 while unit salesof Product B are double those of Product A. The companys salesforecast will be _____ assuming […]

A sales forecast is _____.A. the result of decisions to create conditionsB. a prediction of sales under a given set of conditionsC. all of these answers […]

____ budgeting is when budgets are formulated with the activeparticipation of all affected employees.A. Financial B. Team C.ParticipativeD. Shared

The _____ is also called the statement of financialposition.A. balance sheetB. income statementC. statement of retained earningsD. statement of cash flows

__ need cost accounting systems.A. Service organizations and nonprofit organizationsB. Manufacturing firms and service organizationsC. Manufacturing firms service organizations and nonprofitorganizationsD. Manufacturing firms and nonprofit organizations

___ of approximating cost functions does not involve theanalysis of past costs.A. Visual fit analysisB. Engineering analysisC. High low analysisD. least-squares regression

In relation to a cost function the term reliabilitymeans_____.A. how well the cost function explains past cost behaviorB. whether the cost function conforms to a given […]

According to the Financial Executives Institute one function ofthe treasurer is _____.A. government reportingB. reporting and interpreting financial informationC. Short term financingD. tax administration

___ refers to accounting information developed for managerswithin an organization.A. Tax accountingB. Internal auditingC. Managerial accountingD. Financial accounting