The most useful budget figures are developed: A. From the "top-down" with no participation from the managers affected by the budget. B. From the "bottom-up" following a manager's participatory process. C. Solely by the budget committee. D. By the CEO. E. After the accounting period has begun. QUESTION 28 The materials purchase budget: A is the beginning point in the budget process. B. must provide for desired ending inventory as well as for production. C. is accompanied by a schedule of cash collections. D. is completed after the cash budget. E.is completed before the sales budget