Budgets

Question 0

What r the 3 major budgets

Answer 0

Operating/ capital expenditures/ financial budgets

Question 1

What r the 4 major types of operating budgets

Answer 1

Sales budget/ merchandise purchases budget/ selling expense budget/ general and administrative expense budget

Question 2

What r 5 steps to decision making

Answer 2

1) define the decision task
2) identify alternative actions
3) collect relevant information on alternatives
4) select the course of action
5) analyze and assess decisions made