Please answer all 4 as they are under 1 question number. Thank you!!

The budgeting process is used for

a. Planning purposes

b. Control purposes

c. Evaluation purposes

d. All the above.

Which of the following is true with respect to the budgeting process?

a. Employees affected by a budget should help prepare it.

b. Goals or standards reflected in a budget should be unattainable in order to get the most out of employees.

c. Goals or standards reflected in a budget should be easily attainable in order to boost employee morale.

d. Budgeting must not rely upon estimated amounts because estimates cannot be verified.

Which of the following budgets is normally the first to be prepared when developing a master budget?

a. Cash budget

b. Production budget

c. Sales budget

d. Purchases budget

In a manufacturing business

a. A production budget must be prepared before a sales budget.

b. A production budget must be prepared before a material purchases budget.

c. A Cash budget must be prepared before a material purchases budget.

d. All the above are correct.