Which of the following statements is false? Select one: Oa. The direct labor budget begins with the required production in units from the production budget. b. 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. Oc. The master budget consists of independent budgets. number of separate and O d. The selling and administrative budget is typically prepared before the cash budget. Oe. The budgeted variable selling and administrative expense is calculated by multiplying the budgeted unit sales by the variable selling and administrative expense per unit.