Question 23 Which of the following statements regarding budget preparation is not correct? O a. The sales and the cash receipts budgets are the responsibility of the marketing sales department. O b. The usual budgeting period in most organizations is for one year, broken down into months or quarters. O c. The overhead budget is the last operating budget we prepare in this course. O d.Budgets can be used for performance evaluation. m O e. All of the above are correct