Multiple Choice Identify the choice what best completes the statement or answers the question. 1. The operating budgets of a company include: a. the production budget b, the capital expenditures budget c, the financing budget d, the cash budget 2. Which one of the following items below would not amect the investors income for the period? a. dividends received on a long-term investment in stock where the investor owns 30% of b. the investee's stock in stock where the investor owns 10% of received on a long-term investment c. the investee's stock. investment in bonds interest received on a temporary d. interest received on a long-term investment in bonds 3. Which of the following would not be used in preparing a cash budget for October? a. Beginning cash balance on October 1 b. Estimated depreciation expense for October. c. Budgeted salaries expense for October. d. Budgeted sales and collections for October. 4. Which of the following items would not be classified as part of factory overhead? a. Direct labor used b. Production supervisors salaries c. Factory supplies used d. Amortization of manufacturing patents business is referred to as 5. Accounting designed to meet the needs of decision-makers inside the a. external accounting b. general accounting c. financial accounting d. managerial accounting amount of units mu 6. If fixed costs are and the unit contribution margin is sl4, what order to realize an operating income a. 58,333 b. 5,000 c, 57, 143 d. 41,667