I do not need explication, I just need A,B,C or D answer. Thank you!! 1. Which of the following is an operating budget? A capital budget B. cash budget C. tax budget D. production budget 2. Which approach is most likely to result in employee buy-in to the budget? A basing the budget on the prior year B. top-down approach C. bottom-up approach D. total participation approach 3. Which of the following is true in a bottom-up budgeting approach? A. Departments budget their needs however they see fit. B. Every expense needs to be justified. C. Supervisors tell departments their budget amount and the departments are free to work within those amounts. D. Departments determine their needs and relate them to the overall goals. 4. Which of the operating budgets is prepared first? A cash received budget B. cash payments budget C. production budget D. sales budget 5. Which of the following is not an operating budget? A cash budget B. sales budget C. production budget D. direct labor budget 6. The units required in production each period are computed by which of the following methods? A. adding beginning inventory to budgeted sales and subtracting desired ending inventory B. adding budgeted sales to the beginning inventory and subtracting the desired ending inventory C. adding beginning inventory, budgeted sales, and desired ending inventory D. adding budgeted sales to the desired ending inventory and subtracting beginning inventory 7. Which is not a section of the cash budget? A cash disbursements B. allowance for uncollectible accounts C. financing needs D. cash receipts 8. Which of the following includes only financial budgets? A. capital asset budget, budgeted income statement, sales budget B. cash budget, budgeted balance sheet, capital asset budget C. production budget, capital asset budget, budgeted balance sheet D. budgeted income statement, direct material purchases budget, cash budget 9. What is the main difference between static and flexible budgets? A. The variable costs are adjusted in a flexible budget. B. The fixed manufacturing overhead is adjusted for units sold in the flexible budget. C. The variable manufacturing overhead is adjusted in the static budget. D. There is no difference between the budgets