Ent. Partial 3 Test 3bgu

To budget these costs, we first estimate the production volume in units.

• Indirect manufacturing costs

• Raw material costs

• Workforce costs

• Direct manufacturing costs

Sales and marketing expenses are related to

• Promotion and sales of the product

• Only sales of the product

• Promoting the product

• Creating the product

Net accumulation of liquid assets for a certain period.

• Initial outgoing of funds

• Operating income and expenses

• The moment in which the income and expense occur

• Cash flow

It is determined based on the amount of products or services that we estimate to sell to our potential market.

• Economic income

• Financial income

• Accounting income

• Resource income

Workforce is related to the direct labor requirement in hours for each task?

• True

• False

They are non-refundable monetary disbursements that a business must make to carry out its activities

• Incomes

• Outcomes

• Liabilities

• Expenses

A budget is a non organize way to understand our spendings?

• True

• False

The accounting record of operating income and expenses does not necessarily occur simultaneously with cash flow

• The scrap or salvage value of the project

• The moment in which the income and expense occur

• Operating income and expenses

• Initial outgoings of funds

The sales forecast allows us to know the

• Losses of a project

• Expenses of a project

• Interest of a project

• Profits of a project

This method consists of taking into account the statistics or indices of the sector or the market.

• Market trend

• Potential sales of the sector or market

• Competitor sales

• Income estimate