A plan showing the devices of items to it is in sold and also the revenue to be obtained from sales, that is the usual beginning point in the budgeting process, is referred to as the:A. Operation BudgetB. Business PlanC. Income statement budgetD. Merchandise purchases BudgetE. Sales Budget

You are watching: When preparing the cash budget, all of the following should be considered except:

Which of the complying with is a benefit derived from budgeting?A. Budgeting concentrates management"s fist on the future. B. Budgeting gives coordination that departmentsC. Budgeting provides a basis for examining performanceD. Budgeting provides an inspiration for managers and employeesE. Every one of the above
For budgets to it is in affective:A. Goals should be attainableB. Employees affected by a budget should be consulted once it is preparedC. Evaluations should be made carefully with opportunities to explain any type of failuresD. They need to be properly used to avoid negative effects E. Every one of the above
When preparing the cash budget, every the adhering to should be considered exceptA. Cash receipts from client B. Cash payments because that merchandiseC. Depreciation expenseD. Cash payment for earnings taxesE. Cash payments for funding expenditures
The usual beginning point for preparing a master budget plan is forecasting or estimating A. ExpendituresB. SalesC. ProductionD. IncomeE. Cash payments
A plan that states the variety of units to be manufactured during each future duration covered by the budget, based upon the budgeted sales for the period and the levels of inventory essential to assistance future sales, is the:A. Sales budgetB. Merchandise purchases budgetC. Manufacturing budgetD. Cash budgetE. Production Budget
Cuoco firm uses an bookkeeping system that charges expenses to the manager who has been delegated the government to make decisions concerning the costs. Because that example, if the sales manager accepts a sirloin order the will an outcome in higher than regular shipping costs, these extr costs room charged to the sales manager since the government to accept or decline the rush order was provided to the sales manager. What term ideal describes this type of audit system?A. Absorption accountingB. Donation accountingC. Procedure budgetingD. Responsibility accounting
What budget or schedule provides the compelled data for the preparation of the direct materials budget?A. Schedule the cash paymentsB. Sales budgetC. Manufacturing BudgetD. Cash budget

Horngren"s gaue won & Managerial Accounting6th EditionBrenda l Mattison, Ella Mae Matsumura, Tracie Miller-Nobles


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