Question: 1. The single most important output in preparing financial budgets is the Select one: a. sales forecast b. budgeted income statement c. cash budget d.

1. The single most important output in preparing financial budgets is the Select one: a. sales forecast b. budgeted income statement c. cash budget d. determination of the unit cost of the product

2. Which one of the following items would never appear on a cash budget? Select one: a. Depreciation expense b. Office salaries expense c. Interest expense d. Travel expense

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