Which of the following is most likely the result of a participative approach used in preparing a budget? O Forecasts that incorporate budget slack. O Resentment from those responsible for implementing the budget. O Unfavourable variances O Unachievable targets O None of these are likely the result of a participative approach D Question 49 1 pts Which of the following components within the Master Budget is least likely to be impacted by sales volume forecasts? O The cash budget. O The casual wages expense budget. O The administrative expenses budget O The advertising budget The purchases budget D Question 50 1 pts During the budget process, an entity determines that the forecast sales projections will exceed its current level of productive capacity within the next 12 months Which of the following is the most likely flow-on effect of this determination? O Planced maintenance of property, plant & equipment will be postponed O The budget will provide for an increase in straight-line depreciation The entity will increase its capital expenditure budget. None of these are a likely flow-on effect of this determination O The sales budget will be revised downwards Question 51 Lots MacBook P