What can cause a difference between the Cash budget and another budget?

A) Sales made to customers on account

B) Direct materials purchased on account

C) Depreciation expense

D) Prepayments for expenses such as Rent

E) All of the above

The equation to calculate the direct materials price variance is:

A) AQ (SP - AP)

B) SP (AQ - SQ)

C) AP (AQ - SQ)

D) SQ (AP - SP)

E) None of the above

Which of the following areas is not a category on the balanced scorecard?

A) Customer Satisfaction

B) Learning and growth

C) Financial Performance

D) Internal strategy development

E) All of the above are on the balanced scorecard