Acc 561 final guide 4

Page 6

31) _____ is an example of the external financial reporting purpose of the cost management systems.

32) _____ models are mathematical models of the master budget that can react to any set of assumption about sales, costs, and product mix.

33) A _____ gives the expected sales under a given set of conditions.

34) A _____ gives the expected sales under a given set of conditions.

35) Important factors considered by sales forecasters include all of the following except _____.

36) The master budget includes forecasts for all of the following except _____.

37) The master budget quantifies targets for all of the following except _____.


Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.