The first step in preparing a master budget is to prepare _________________

a. The sales budget
b. The production budget
c. The labor budget
d. The selling, general and administration budget

Ans: a. The sales budget

Business

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What is credit life insurance?

A) Life insurance that is credited to the policyholder's account B) Insurance that covers a debtor's life and will help provide funds to pay off a loan if the debtor dies before the loan is repaid C) Life insurance purchased with a major bank credit card D) Life insurance purchased on credit, with the money due at a later date

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The prosecution of a non-licensee who performed activities that required a license is handled by:

a.. the U.S. marshal. b. a county sheriff. c. the Real Estate Commissioner. d. a local district attorney.

Business