Which of the Following Budgets Would Not Be Prepared for a Merchandising

question 58

Multiple Choice

Which of the following budgets would not be prepared for a merchandising firm?

• A) Direct labor budget
• B) Cash budget
• C) Capital expenditures budget
• D) Sales budget

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Definitions:

Direct Product Cost

Expenses directly associated with the production of specific goods or services, including materials and labor.

Cocoa

A powder made from roasted and ground cacao seeds used in making chocolate and chocolate-based products.

Factory

A building or set of buildings where goods are manufactured or assembled chiefly by machine.

Ending Inventory

The cumulative worth of products on offer for sale when an accounting cycle ends.