13.Freight expenses

Select one:

a. cannot be allocated when they apply to purchases of assets if the asset accounts do not allow allocations

b. are allocated separately from the other accounts used in the purchase

c. are allocated in the same proportion as the other accounts used in the purchase

d. can never be allocated

14.What reports are affected by the budgeting process

Select one:

a. customer sales summary reports

b. balance sheets

c. supplier purchases summary reports

d. income statements

15.Budget frequencies should be changed-

Select one:

a. when the business cycle changes

b. whenever you change budget amounts

c. when you want to report income for a shorter period than the budget

d. when you want to report income for a longer period than the budget