Question - 5 Not yet answered Marked out of 0.7 Flag question Which of the following statements is false? Select one: O a. The direct labor budget begins with the required production in units from the production budget. Ob. The master budget consists of a number of separate but interdependent budgets. O c. Control involves developing goals and preparing various budgets to achieve those goals. O d. The budgeted variable selling and administrative expense is calculated by multiplying the budgeted unit sales by the variable selling and administrative expense per unit. O e. A continuous or perpetual budget is a 12-month budget that rolls forward one month (or quarter) as the current month (or quarter) is completed.