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Please answe 1-8. Urgent as possible Each question is worth 1 point unless otherwise indicated. 1. Budgets are useful in: A. communication B. coordination of

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image text in transcribedPlease answe 1-8. Urgent as possible
Each question is worth 1 point unless otherwise indicated. 1. Budgets are useful in: A. communication B. coordination of organizational activities C. planning D. control and performance evaluation E. All of the above The starting point of the master budget is and the ending point is A. materials purchases budget, budgeted financial statements B. sales budget, cash budget c. cash budget, production budget D. sales budget, budgeted financial statements E. production budget, budgeted financial statements 3. In making a production budget, the number of units to be produced for a given product is: A. Sales units B. Sales units Desired Ending Inventory units c. Sales units Beginning Inventory units D. Sales units Desired Ending Inventory units -Beginning Inventory units E. Sales units-Desired Ending Inventory units Beginning Inventory units 4. Which of the following items appear in cash budgets? A. Net income; and Cash payments for operating expenses B. Depreciation expenses; and Cash payments for material purchases c. Material purchases; and Ending balance of cash D. Cash collections from sales; and Ending balance ofcash E. Sales; and Cash dividends payments 5. (2points) Ace Company has 200 units of a given product on hand at the beginning of April. One unit of the product costs S6 to manufacture. The company has the following sales budget: Month Sales units April 1.000

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