45, 46

Question 45 Not yet answered Marked out of 1.00 p Flag question Which of the following budget is normally prepared first? O a. Cash budget O b. Selling expense budget O c. Sales budget O d. Merchandise purchases budget Question 46 Not yet answered Marked out of 1.00 Flag question A flexible budget is O a. A budget that comprises variable costs only O b. A budget for different capacity level O c A budget for receipts and payments O d. A budget for different departments