E38 30 32 33 34 35 36 VI 38 39 40 41 42 43 44 45 46 A 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 fox A B C Multiple Choice Questions D 1. Which one of the following statements is correct? Answer: B A. All white cells in the Sales Budget, and in the other budgets, must contain numbers. B. Some white cells in the Sales Budget, and in the other budgets, can be left blank. C. All white cells in the Sales Budget, and in the other budgets, must contain Excel formulas. D. None of the above statements are correct. 2. Which one of the following statements is correct? A. The Sales Budget uses data from the Cash Budget. B. Sales in Units on the Sales Budget will be an input to the Production Budget. C. Total Dollar Sales on the Sales Budget will be an input to the Forecasted Balance Sheet. D. None of the above statements are correct. E Answer: A LL F H

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1. Which gae of the following statements is correct? Answer: A. All white cells in the Sales Budget, and in the other budgets, must contain numbers. B. Some white cells in the Sales Budget, and in the other budgets, can be left blank. C. All white ceils in the Sales Budget, and in the other budgets, must contain Excel formulas. D. None of the above statements are correct. 2. Which one of the following statements is oorrect? Answer: A. The Sales Budgot uses data from the Cash Budget. B. Sales in Units on the Sales Budget will be an input to the Production Budget. C. Total Dollar Sales on the Sales Budget will be an input to the Forecasted Balance Sheet. D. None of the above statements are correct