Question 7 Not yet answered Marked out of 0.7 Flag question The direct material used in the production line would be classified as a: Select one: a. Batch-related activity. b. Organization-related activity. c. none of the given answer. d. Product-related activity. Oe. Unit-related activity. Question 8 Not yet answered Marked out of 0.7 Flag question Which of the following statements is/are true? Select one: Oa. In a production budget, beginning inventory in units plus budgeted units to be produced equals unit sales plus targeted ending inventory in units. Ob. One disadvantage of participative budgeting is employees' tendency to overestimate of revenues. Oc. When managers intentionally set budgeted costs too low and budgeted revenues too high, they are creating budgetary slack. d. Production and inventory budgets form the basis for developing the sales budget. e. All of the given statements are true