1) If a manager adds an excess amount to her department budget it is considered to be: a. Always ok b. Step 3 of the budget process c. Budget slack d. A positive variance 2) Which cash flows are considered the most important cash flows on the Statement of Cash Flows? investing cash flows b. financing cash flow c. operating cash flows d. none of the above 3) As time passes actual results can be compared against budgeted goals providing _ to managers and employees about their performance, a. clues b. feedback c. no information d. no help 4) When managers' self-interest differs from the company goals occurs. a. Compromise b. Cooperation c. Goal conflict d. Coordination 5) What type of budget provides for cost results at several production volume levels? a. a static budget b. a zero-based budget c. a control budget d. a flexible budget