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Question # 137

In developing an operating budget, the first and MOST critical step is?

Get management approval.

Generate a sales budget.

Establish cost allocations.

Determine capital structure.

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Question # 138

Regarding dividends, on which of the following dates would a company's current assets be reduced?

Declaration date

Ex-dividend date

Payment date

Record date

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Question # 139

On which exchange is a companyâ€™s stock traded on the over-the-counter market?

AMEX

FINRA

NASDAQ

NYSE

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