Which of the following is the FIRST budget management should prepare? Select one: O a. Budgeted Income Statement O b. Production Budget O c. Direct Labor Cost Budget O d. Sales Budget O e. Selling & Administrative Expenses Budget Place the preparation of budgets in their correct order..... Second Choose... Third > Choose... Sixth Choose... First Choose... Fourth Choose... Fifth Choose... Choose... Sales Budget be produce is True/Fals to sell. Selling & Admin. Budget Production Budget Select or Income Statement Budget True Cost of Goods Sold Budget O False DM, DL, Factory O/H Budgets True/False: The number of Units you need to be produce is ALWAYS equal to the number of Units you expect to sell. Select one: True O False True/False: There are three main types of Human Behavior Problems in budgeting: Budget Goals Too Tight Budget Goals Too Loose, and Conflicting Budget Goals. Select one: True O False