Question: 8 . Process costing systems are most applicable: For companies rendering services such as banks. For merchandising companies. For discontinuous production of products varying in

8. Process costing systems are most applicable: For companies rendering services such as banks. For merchandising companies. For discontinuous production of products varying in their make-up For continuous production of a large volume of undifferentiated products. None of these 9. A plan the reports the units to produce by a manufacturing company during the budget period is called a Sales budget Cash budget Production budget D. Manufacturing budget E. Capital expenditures budget 10. A plan that shows the expected cash inflows and cash outflows during the budget period, including receipts from loans needed to maintain a minimum cash balance or repayments of such loans is called A rolling budget An income statement A balance sheet A cash budget An operating budget

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