Question 6 Not yet answered Marked out of 07 Flag question Which of the following statements is/are true? Select one: O a. In a production budget, beginning inventory in units plus budgeted units to be produced equals unit sales plus targeted ending inventory in units. O b. When managers intentionally set budgeted costs too low and budgeted revenues too high, they are creating budgetary slack. O c. Production and inventory budgets form the basis for developing the sales budget. O d. One disadvantage of participative budgeting is employees' tendency to overestimate of revenues. e. All of the given statements are true