MANAGERIAL ACCOUNTING

* Each question is worth 1 point unless otherwise indicated. Budgets are useful in: A. communication B. Coordination of organizational activities C. D. control and performance evaluation E. All of the abov planning The starting point of the master budget is and the ending point is A. materials purchases budget, budgeted financial statements B. sales budget, cash budget c. cash budget, production budget D. sales budget, budgeted financial statements B. production budget, budgeted financial statements 3.In making a production budget, the number of units to be produced for a given product i:s A. Sales units B. Sales units+ Desired Ending inventory units c. Sales units - Beginning Inventory units D. Sales units + Desired Ending Inventory units - Beginning Inventory units E. Sales units Desired Ending Inventory units Beginning Inventory units 4.Which of the following items appear in cash budgets? A. Net income; and Cash payments for operating expenses B. Depreciation expenses; and Cash payments for material purchases c. Material purchases; and Ending balance of caslh D. Cash collections from sales; and Ending balance of cash E. Sales; and Cash dividends payments