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Which of the Following Describes the Inventory,purchases,and Cost of Sales

Question 133

Multiple Choice

Which of the following describes the inventory,purchases,and cost of sales budget?


A) It helps in planning to ensure the business has adequate cash.
B) It captures the variable and fixed expenses of the business.
C) It depicts the breakdown of sales based on terms of collection.
D) It aids in planning to ensure the company has adequate inventory on hand.

Correct Answer:

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