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Q1. What is earning interest on interest? a. Accounting Rate of Return. b. Savings. c. Investing. d. Compound interest. Q2. Applicable budgets for a retailer

Q1. What is earning interest on interest?

a. Accounting Rate of Return.

b. Savings.

c. Investing.

d. Compound interest.

Q2. Applicable budgets for a retailer are unlikely to include:

a. labour budget.

b. overhead budget.

c. raw materials budget.

d. inventory purchase budget.

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