tion 11 yet wered Which of the following statements is false? Select one: ked out of O a. Control involves developing goals and preparing various budgets to achieve those goals. ag question O b. The direct labor budget begins with the required production in units from the production budget. Oc. 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 d. The master budget consists of a number of separate but interdependent budgets. 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. on 12 et red and out of g question When preparing the cash budget for the first quarter of the year (January, February, and March), the beginning cash balance of the quarter is equal to Select one: O a. The ending cash balance of January O b. The total of cash balances at the beginning of January, February, and March O c. The beginning cash balance of January O d. The beginning cash balance of March O e. The ending cash balance of March