needing help with questions 14 through 19

14) 14) A manufacturing firm would begin preparation of its master on of its master budget by constructing a: A) set of pro-forma financial statements. B) capital budget C) production budget. D) cash budget. E) sales budget. 15 15) A company's sales forecast would likely consider all of the following factors except A) market research studies. B) past sales levels and trends. C) the company's intended pricing policy D) the company's product costing policy E) planned advertising and promotions 16) 16) Which of the following organizations is not likely to use budgets? A) Merchandising firms B) Manufacturing firms. ) Nonprofit organizations. D) Firms in service industries. E) None of the other answers are correct, because all are likely to use budgets. 17) 17) Nonprofit organizations begin their budgeting process with: A) anticipated funding. B) a cash budget. C) proforma financial statements. D) services to be provided. E) a sales budget. 18) 18) A manufacturer develops budgets for the direct materials, direct labor, and overhead that will be required in the production process from which of the following? A) The selling and administrative expenses budget. B) The budget for merchandise purchases. C) The cash budget. D) The sales budget. E) The production budget. 19) A budget serves as a benchmark against which: A) actual results become inconsequential B) actual results can be compared. C) cash balances can be compared to expense totals. D) allocated results become inconsequential. E) allocated results can be compared