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with the information provided, please give the answers to the questions. Please & thank you :) Which of the following statements about top down budgeting

with the information provided, please give the answers to the questions. Please & thank you :)
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Which of the following statements about top down budgeting is true? Muluple Choice It is an appropriate method to use in times of financial stress. Eliminates a manager's excuse who tries to claim that his budget is unrealistic. The budget process is often more efficient. It allows senior management to better priortize resources to propeling the growth of the company Hiroko Corporation expects to collect cash receipts of $100,000 for January. Rack's pollcy is to avoid shon-term financing. How much can Hiroko atford to pay on cash disbursements for product costs for January if the beginning cash for January is $75,000 and the company requires an minimum ending cash balance of $50000 each month Mulvple Choice $125,000 $175,000 550000 $100,000 Trkes and Bakes budgeted November sales to be $500,000 and December sales to be 5700,000 for its top sellec, the Jer Wheel it collects one half of its sales in the month of sale and 47% in the following month. Three percent of cindit sales is considered to be incollectible. How mach does Trikes and Bikes oxpect to collect in. December? Multiple Choice $585,000 $579000 $600000 5235,000

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