Which budget should be prepared first and why? What are the three, primary products of the budget process? In other words, what are the three budgeted reports that are the result of budgeting all other amounts? What is a zero-based budget? When would it be useful? Which product cost budget should include inventory? Which product costs budgets should not include inventory? What pattern is seen in both the production budget and the DM budget? Which budget is not measured in money? w