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Ch. 9 Master budgeting quiz Flashcards _ 100- SURE ANSWERS) Semester 2 2024 - DISTINCTION.pdf
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Ch. 9 Master budgeting quiz Flashcards _ 100- SURE ANSWERS) Semester 2 2024 - DISTINCTION.pdf
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8/11/24, 7:15 AMCh. 9 Master budgeting quiz
Jeremiah
Terms in this set (10)
A service company would have all of the A direct materials budget
following budgets except for:
A direct materials budget would be used in Manufacturing
which of the following types of companies?
Which of the following is the starting point The sales budget
for the master budget?
A disadvantage to merchants from accepting Transaction fees
debit and credit cards would be:
1. The budget provides the company's managers with benchmark against which to
compare actual results for performance evaluation
A company expects to receive which of the
2. The planning required to develop the budget helps managers foresee and avoid
following benefits when it uses its budgeting
potential problems before they occur
process?
3. The budget helps to motivate employees to achieve the company's sales growth and
cost reduction goals
The usual starting point for a direct labor Production budget
budget for a manufacturer is the
Budget committees would include all of the shareholder
following people except a
Which of the following expenses would not Depreciation expense
appear in a cash budget?
The income statement is part of which The operating budgets
element of a company's master budget?
Budgets are future oriented.
Ch. 9 Master budgeting quiz
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