A arrangement showing the systems of items to it is in sold and the revenue come be derived from sales, the is the usual starting point in the budgeting process, is dubbed the:A. Operation BudgetB. Business PlanC. Revenue statement budgetD. Merchandise purchase BudgetE. Sales Budget

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

Which that the following is a benefit derived indigenous budgeting?A. Budgeting focuses management"s fist on the future. B. Budgeting gives coordination that departmentsC. Budgeting provides a communication for evaluating performanceD. Budgeting provides motivation 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 as soon as it is preparedC. Evaluations have to be made very closely with avenues to explain any type of failuresD. They should be properly applied to avoid an unfavorable effects E. Every one of the above
When preparing the cash budget, every the complying with should be thought about exceptA. Cash receipts from client B. Cash payments for merchandiseC. Depreciation expenseD. Cash payment for earnings taxesE. Cash payments for resources 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 says the number of units to be manufactured during each future duration covered through the budget, based upon the budgeted sales for the period and the level of inventory essential to support future sales, is the:A. Sales budgetB. Merchandise to buy budgetC. Production budgetD. Cash budgetE. Production Budget
Cuoco firm uses an accountancy system that charges costs 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 the will result in higher than typical shipping costs, these added costs room charged to the sales manager due to the fact that the government to accept or decrease the rush order was given to the sales manager. What term best describes this form of audit system?A. Absorb accountingB. Contribution accountingC. Operation budgetingD. Obligation accounting
What budget plan or schedule provides the required data because that the preparation of the straight materials budget?A. Schedule that cash paymentsB. Sales budgetC. Manufacturing BudgetD. Cash budget

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


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