Question: The production budget: Multiple Choice Cannot be prepared until the cash budget is completed. Is dependent upon the sales forecast for the period. Must be

The production budget:

Multiple Choice

  • Cannot be prepared until the cash budget is completed.

  • Is dependent upon the sales forecast for the period.

  • Must be performed right after the direct materials, direct labor, and overhead budgets.

  • Is the starting point in the preparation of the master budget.

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