QUESTION 14 The last budget customarily prepared as part of an entity's master budget is the a direct material purchases budget b. cash budget csales budget di production budget SO 0 QUESTION 15 the expected sales volume for the current period is 25,000 units, the desired ending inventory is 1,000 units, and the beginning inventory is 600 units, the number of units set forth in the production budget, representing total production for the current periodis: a. 25,500 units b. 25,000 units c. 26,000 units d. 26.500 units QUESTION 16 Businesses that are separated into two or more manageable units and in which lower level managers are granted authority and responsibility for operations and decision making are said to be a diversified b. decentralized consolidated d. centralized