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Accounting

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Which of the following is usually prepared before the disbursements for operating expenses budget? a b. operating expense budget cash budget production budget budgeted balance sheet d. Answer: a Which of the following is not an advantage of budgets? provide one-way communication channel b. compel managers to think ahead by formalizing their responsibilities for planning ald managers in communicating objectives to units provide benchmarks to evaluate subsequent performance C. d. Answer: The majority of costs are committed in which stage of the value chain? a b research and development design production C d customer service Answer: In constructing the cash budget, the finance section does not include a. b. borrowing collections from customers repayments interest payments . d. Which of the following is not a part of the financial budget? a. b production budget capital budget budgeted balance sheet budgeted income statement d. Answer: Which of the following is not a scarce resource of a company or firm? a customers b floor space time d. laborers

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