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1 2 3 4 5 6 1. Which of the following budgets would NOT be prepared using information obtained from the production budget? a.Indirect manufacturing

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1 2 3 4 5 6 1. Which of the following budgets would NOT be prepared using information obtained from the production budget? a.Indirect manufacturing cost budget. b. Direct labor budget c. Sales budget d. Direct materials budget 2. What is the budget that budgets costs for the number of units currently produced? a. Flexible budget b. Summary cash budget c. Static budget d. Master budget 3. Which of the following statements is correct about budgets? a. They should not be used for performance evaluations b. They will probably require input from more than one manager. c. They should focus on past performance d. Rarely use estimates Adoreiren

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