When preparing a budgeting income statement, where does "interest Expense" come from? A. Finished Goods Budget OB. Schedule of Expected Cash Disbursements C. Cash Budget O D. Sales Budget Reset Selection Mark for Review What's This? Which of the following is NOT a benefit of budgeting? O A. Communicates management's plan throughout the organization. B. Defines goals and objectives for a benchmark, C. Ensures that each department operates on its own and does not rely upon the structure of the whole organization, O D. Helps allocate resources where they will be used most efficiently and effectively, Which of the following is FALSE regarding Variable Costing? A. Fixed overhead is treated as a period cost and is expensed as it is incurred. B. If the number of units sold are greater than the number of units produced, a portion of fixed overhead is "deferred." C. Net income will only change if the number of units sold changes. OD. Selling and administrative costs are treated as period costs and are expensed as they are incurred