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Question 8 Not yet answered Marked out of 0.7 P Flag question Which of the following statements is false? Select one: O a. A

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Question 8 Not yet answered Marked out of 0.7 P Flag question Which of the following statements is false? Select one: O a. A self-imposed budget is a budgeting process wherein top management prepares the budget and imposes it to lower-level managers for implementation O b. In the merchandise purchases budget, the required purchases (in units) for a period is equal to the budgeted sales (in units) minus the beginning merchandise inventory (in units) plus the desired ending merchandise inventory (in units). O c. The number of units to be produced in a period can be determined by adding the expected sales (in units) to the desired ending inventory (in units) and then deducting the beginning inventory (in units). O d. The amount of raw materials to be purchased in a period can be determined by adding the desired ending inventory for raw materials to the production needs and then deducting the beginning inventory for raw materials.

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