A plan showing the devices of items to be sold and also the revenue come be obtained from sales, the is the usual starting point in the budgeting process, is referred to as the:A. Operation BudgetB. Organization PlanC. Earnings statement budgetD. Merchandise purchase BudgetE. Sales Budget

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

Which that the following is a advantage derived indigenous budgeting?A. Budgeting concentrates management\"s attention on the future. B. Budgeting gives coordination the departmentsC. Budgeting offers a communication for assessing performanceD. Budgeting provides an ideas 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 it is in consulted as soon as it is preparedC. Evaluations should be made carefully with methods to explain any kind of failuresD. They have to be properly used to avoid an adverse effects E. All of the above
When prepare the cash budget, every the adhering to should be taken into consideration exceptA. Cash receipts from customers B. Cash payments for merchandiseC. Depreciation expenseD. Cash payments for income taxesE. Cash payment for funding expenditures
The usual beginning point because that preparing a master budget plan is forecasting or estimating A. ExpendituresB. SalesC. ProductionD. IncomeE. Cash payments
A plan that states the number of units to be manufactured during each future period covered through the budget, based on the budgeted sales because that the period and the level of inventory required to assistance future sales, is the:A. Sales budgetB. Merchandise purchase budgetC. Production budgetD. Cash budgetE. Production Budget
Cuoco agency uses an accounting system that charges expenses to the manager who has actually been delegated the government to make decisions worrying the costs. For example, if the sales manager accepts a rush order that will an outcome in greater than typical shipping costs, these extr costs room charged to the sales manager since the government to accept or decrease the sirloin order was given to the sales manager. What term ideal describes this form of accountancy system?A. Absorption accountingB. Donation accountingC. Operation budgetingD. Responsibility accounting
What budget plan or schedule offers the compelled data because that the ready of the direct materials budget?A. Schedule the cash paymentsB. Sales budgetC. Production BudgetD. Cash budget

Horngren\"s jae won & Managerial Accounting6th EditionBrenda together Mattison, Ella Mae Matsumura, Tracie Miller-Nobles


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