In about 200 words, answer one or all of the following questions ::

1. Why should the timing of direct materials purchases be closely coordinated with the production budget?
2. Discuss the purpose of the cash budget.
3. If the cash for the first quarter of the fiscal year indicates excess cash at the end of each of the first two months, how might the excess cash be used?
4. Give an example of how the capital expenditures budget affects other operating budgets.