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2. Which one of the following statements is correct? Answer: C A. The Sales Budget uses data from the Cash Budget. B. Total Dollar Sales

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2. Which one of the following statements is correct? Answer: C A. The Sales Budget uses data from the Cash Budget. B. Total Dollar Sales on the Sales Budget will be an input to the Forecasted Balance Sheet. C. Sales in Units on the Sales Budget will be an input to the Production Budget. D. None of the above statements are correct. Answer: B S 7 8 -9 2. Which one of the following statements is correct? A. Total Dollar Sales on the Sales Budget is an input to the Production Budget. B. Finished Units to produce on the Production Budget will be an input to the Direct Labor Budget C. Finished Units to Produce on the Production Budget will be an input to the Cash Budget D. None of the above statements are correct Answer: D 2. Which one of the following statements is correct? A. Total Direct Labor Hours is an input to the Cost of Goods Sold Budget B. Total Direct Labor $'s is an input to the Manufacturing Overhead Budget C. The Direct Labor Budget is more difficult than the Raw Materials Budget. D. None of the above statements are correct Answer: D 2. Which one of the following statements is correct? A Finished Goods Inventory as of Dec. 31, 2023 is an input to the Cash Budget B. Finished Goods Inventory as of Dec. 31, 2023 is an input to the Cost of Goods Sold Budget. C. Finished Goods Inventory as of Dec. 31, 2023 is an input to the Raw Materials Budget. D. None of the above statements are correct

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