Laureen Cooley is preparing a spreadsheet that shows inventory, sales, purchases, manufacturing, and marketing costs for her organization. This document is called a(n) ________ budget.

capital

strategic

operating

tactical

minor

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Question 782 pts

Jason Prows' job this week is to prepare a spreadsheet that shows his company's long-range plans and outlines the expected financial needs for significant purchases such as real estate, manufacturing equipment, plant expansions, and technology. Jason is preparing a(n) ________ budget.

operating

master

capital

tactical

cash flow

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Question 792 pts

The strategic planning and budgeting of short- and long-term funds for current and future needs is called ________ management.

product

strategic

needs

financial

accounting

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Question 802 pts

Current assets at New Fashion Stores, Inc. are $20 million, and current liabilities are $10 million. The company's current ratio is ________.

0.50

10.00

2.00

20.00

5.00

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Question 812 pts

The two divisions that make up MOST finance departments are ________.

accounting and product management

sales and financial management

accounting and financial management

sales and product management

accounting and payroll

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Question 822 pts

A commercial finance company is an alternative to a bank as a source of short-term financing.

True

False