Which of the Following Is Not a Component of the Master

question 67

Multiple Choice

Which of the following is not a component of the master budget?

• A)Indirect cost budget
• B)Direct material purchases budget
• C)Ending inventory and cost of goods sold budget
• D)Production budget

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Definitions:

City

A large human settlement, typically with extensive systems for housing, transportation, sanitation, utilities, land use, and communication.

State

A political unit with organized government, territory, and sovereignty, recognized as such in international law.

Program Expenses

Program expenses are costs directly associated with the operations and activities aimed at fulfilling an organization's mission, distinct from administrative or fundraising costs.

Contributed Income

Financial resources received by organizations, especially non-profits, from donations, grants, or philanthropic contributions.