Budgeted Accounts Receivable must include elements form the ___________ and _____________ budgets.

b. Sales and Collections

c. Purchases and Equipment

d. Cash and Collection

Forecasted Plant Asset values will come from the

1. Financial Budget
2. Capital Budget
3. Cash Budget

Which is the proper order of preparing the financial budget portion of the master budget?

1. Collections Budget, Payments for Operating Expenses Budget, Cash Budget
2. Purchases Budget, Payments for Operating Expenses Budget, Cash Budget
3. Purchases Budget, Collections Budget, Cash Budget

A budgeting approach used mainly by governmental agencies is known as

1. zero-based budgeting
2. incremental budgeting
3. z-based budgeting