Part 1.

Which of the following are not inputs to the Cash Budget?

Select one:

A. Cost of goods sold from the Budgeted Income Statement

B. Materials purchased and paid-for from the Direct Materials Budget

C. Purchases of long-term assets from the Capital Expenditures Budget

D. Rental payments from the Manufacturing Overhead Budget

E. None of the above are inputs to the Cash Budget

Part 2.

The budget committee usually consists of the CEO, CFO, and Board of Directors.

Select one:

True

False