e AaBbCc Normal The one budget that is expressed in units rather than dollars is

Question

e AaBbCc Normal The one budget that is expressed in units rather than dollars is the: a-sales budget b-production budget c-cash budget d-direct materials budget The cash budget must be prepared before you can complete the: a-schedule of cash disbursements b-raw materials purchases budget. e-budgeted balance sheet. d-production budget Which of the following is not a benefit of budgeting? a-it coordinates the activities of the entire organization by integrating the plans and objectives of the various parts b-it ensures that accounting records comply with generally accepted accounting principles c-It provides benchmarks for evaluating subsequent performance. d-It uncovers potential bottlenecks before they occur Budgeting is accomplished through the preparation of, which collectively form an integrated business plan known asthe a-participative budget b-master budget c-sales budget d-cash budget The usual starting point in budgeting for a for-profit organization is to make a forecast of cash receipts and cash disbursements True False The production budget includes detailed information as to the number of units of direct materials and the number of direct labour hours required for each budget period for a manufacturing business. True False MacBook Air DIFDD

Explanation / Answer

The one budget that is expressed in units rather than dollars is the d) Direct Materials Budget The cash budget must be prepared before you can complete the c) Budgeted Balance Sheet The following is not a benefit of budgeting: b) it ensures that accounting records comply with generally accepted accounting principles Budgeting is accomplished through the preparation of, which collectively form an integrated business plan known as the b) Master Budget

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