Budget
Budget count.
Balance Sheet
100
Which budget allows for the acquisition of assets
What is Capital
100
What budget is used to plan and control the supply of merchandise already on hand?
What is Merchandising
100
Resources of monetary value owned by the business:
What is Assets
200
A budget usually covers a time period of:
What is one year
200
What budget is used to develop sales quotas or sales goals for sales representatives and territories?
What is Sales
200
Assets that can be changed into cash in a short period of time:
What is Current assets
300
Which budget is based on minimum and maximum inventory levels?
What is Merchandising
300
Financial plan used by business for replacing fixed assets or acquiring new ones:
What is Capital Budget
300
Assets which cannot be quickly converted to cash:
What is Fixed assets
400
Which budget forcasts the amount of money a business should spend on advertising based on estimated sales?
What is Advertising
400
A financial plan showing projected sales, costs, expenses, and profits for specified periods of time:
What is Income Statement Projection
500
Changes in competition, population shifts, and weather conditions are factors to consider when preparing which type of budget?
What is Sales
500
Cash must be budgeted to ensure that enough cash will be available to meet payments as they come due:
What is Cash Flow Projection