Answer to Question 1
A budget is a financial statement that projects income, expenditures, or both over a specified future time. Once executives and employees develop a firm's goals and objectives, the next step is to construct a budget that projects the costs the firm will incur and the sales revenues it will receive during a specific time period. Budgeting for a business often begins with the construction of departmental budgets for sales and various types of expenses. Then individual budgets can be combined into a company-wide cash budget. For major expenditures and long-term financing needs, a firm can also construct a capital budget.
Answer to Question 2
False
Deimos in color on February 21, 2009 by the same (not to scale)
The human hypothalamus (in color) in relation to the optic chiasm and the pituitary gland.
Slope Question
economic question
economic question
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