Question
10. The financial budgets of a company include: a. the cash budget b. the capital expenditures budget c. sales budget d. all the above
10. The financial budgets of a company include: a. the cash budget b. the capital expenditures budget c. sales budget d. all the above and. only "a" and "b" are correct (only "a" and "b" are correct) in a profit center, the manager has responsibility and authority for making decisions that affect a income bresources or assets c. costs d. assets, costs and revenues and costs and revenues 12. The operating budgets of a company include: a. the cash budget b. the capital expenditures budget c. the financing budget d. production budget 13. The production budget is used to prepare which of the following budgets? (The production budget is used to prepare which of the following budgets?) a operating expenses b. direct materials purchases budget c. sales in dollars d sales in units and, direct labor cost budget F. factory overhead budget g all the above h. b, e and fare correct Yo. a, cand e are correct 14. It is a measure of the performance evaluation of the company's management in a profit center (The following is a measure of a manager's outcomes working in a profit center). a. budget performance report b. rate of return and residual income measures c. divisional income statements d. balance sheets 15. Which of the following budgets represents the basis for preparing the direct labor cost budget? (Which of the following budgets provides the starting point for the preparation of the direct labor cost budget?) a direct materials purchase budget b. cash budget c. production budget d sales budget 16. In an investment center, the manager has responsibility and authority for making decisions that affect: a. income b resources Ccosts d. assets, costs and revenues and costs and revenues
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