Which one of the following factors will most likely have a negative impact on the manager's motivation with regards to the budget?

	a.	The budget targets are challenging but attainable.
	b.	The manager's input was highly regarded throughout the budget setting process.
	c.	The budget includes some budgetary slack.
	d.	The budget provides too little scope for managers to perform their duties.

Which of the following is a potential consequence of the authoritarian style of budgeting?

	a.	Unattainable targets.
	b.	Demotivation of employees.
	c.	Unit managers taking very little ownership of the budget.
	d.	All of the options listed.

1. Which one of the following is the name for an interrelated set of budgets for a future period?

   	a.	A master budget.
   	b.	A combined budget.
   	c.	A program budget.
   	d.	An assembly of budgets.

2. Pink Skies Ltd has a quick ration of 1.5:1 with current liabilities of $50,000 and inventory of $15,000. Calculate current assets.

   	a.	$25,000
   	b.	$50,000
   	c.	$75,000
   	d.	$100,000