Which of the following statements is false wh respect to a budgeled income statement? Mutiple Choice As imerest expense fows from the financing section of the cash budget Is cost of goods told is derived from the cometponding dolar amount shown in the production budget its net incorie wD impoct the ending retathed earhings balance shown on the balance sheer Hs seling and administrave expenses may inclube depreciotion expense even though is is not a cash fow