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29.Which statement best describes incremental budgeting? OA. The budget is prepared in a piecemeal manner with each department adding its input in turn OB.
29.Which statement best describes incremental budgeting? OA. The budget is prepared in a piecemeal manner with each department adding its input in turn OB. The budget is prepared by the board of directors using the previous year's targets plus a fixed percentage OC. The budget is prepared 'bottom up' by each department increasing its targets by a percentage fixed by the board of directors OD. The budget is prepared by considering changes in activity levels from the previous period rather than starting from a zero position 30.Data is easily accessed but from an unrepresentative subset of the whole population. 2. An interviewer unintentionally influences a participant during a marketing survey. These are examples of which types of bias? O A. (1) recall (2) observer OB. (1) survivorship (2) recall OC. (1) selection (2) observer OD. (1) self-selection (2) survivorship 31 A company manufactures two products, Land M. Each product requires the same raw material Q in its manufacture. One unit of L requires 7kg of Q and one unit of M requires 4kg of Q. The budgeted data for next month is as follows: Product L Product M Sales Opening inventory of finished goods Closing inventory of finished goods 24,500 4,000 2,500 16.000 2,000 5,000 The opening inventory of raw material Q for the month is estimated to be 25,000kg and it is planned that raw material inventory will increase by 16% during the month. What are the budgeted raw materials purchases for the month? O A. 230,000 kg O B. 233,000 kg OC. 238,000 kg OD. 241,000 kg
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