Which of the following statements is not part of the budgeting process?
a. Budgets may be developed for short periods such as a month or long periods such as a year.
b. Usually budgeting procedures begin at the department level and move downward.
c. The ultimate result in the budgeting process is to create a master budget.
d. A budget committee reviews and revises various estimates of income and expenses submitted by other employees.
B
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________, or citing your sources, is a key part of all writing in academia and most professional writing
A) Paraphrasing B) Plagiarizing C) Abstracting D) Quoting E) Documenting
Which of the following is NOT a viable source of financing for the small business?
A) borrowing money from financial institutions B) using one's own savings C) borrowing from other individuals D) issuing bonds to the general public E) using cash generated from current sales