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BUSN 278 Midterm Exam 2

BUSN 278 Midterm Exam 2

Author: Melissa Montoya

BUSN 278 Midterm Exam 2


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BUSN 278 Midterm Exam 2

1. (TCO 1) The type of budget that is updated on a regular basis is known as a ________________

2. (TCO 2) The quantitative forecasting method that uses actual sales from recent time periods to predict future sales assuming that the closest time period is a more accurate predictor of future sales is:

3. (TCO 3) The regression statistic that measures how many standard errors the coefficient is from zero is the ________________

4. (TCO 4) Capital expenditures are incurred for all of the following reasons except:

5. (TCO 5) Which of the following is not true when ranking proposals using zero-base budgeting?

6. (TCO 6) Which of the following ignores the time value of money?

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