1.conflict rarely exist between the planning and control phases of budgeting.

True or false

2.service companies tend to have more budget schedules than manufacturing companies.

True or false

3.Merchandising companies and service organizations do not use production budgets.

True or false 4. All of the following appear on the manufacturing overhead budget except:

A. Total fixed overhead cost

B. Indirect material cost per unit

C. Indirect labor cost per unit

D. Direct labor rate per hour

E. None of the above

5.organizations use budgets to control operations, because budgets provide a means to evaluate employee and company performance.

True or false