True/False & Multiple Choice: 1. This budget revolves around the financing and investing activities necessary for sustainable business operations. a. Capital Budget b. (Operating Budget) c. Long-Term Budget d. Over Budget 2. Retained earnings represent the cumulative amount of income kept within the business for all the years the business has operated. TRUE or (FALSE) 3. Managerial accounting is the accounting sub-discipline that attempts to satisfy the monetary informational needs of people within the organization. (TRUE) or FALSE 4. The applied factory overhead rate is computed "estimated total factory overhead costs / activity base." TRUE or (FALSE) 5. A cost that remains constant in monetary amount on a per unit basis, regardless of activity level is called: a. Variable b. (Fixed) C. Predetermined d. Unstable