Listed Below Are Elements of the Master Budget

question 77

Essay

Listed below are elements of the master budget. Determine whether each budget is an operating budget or a financial budget. Place an O for operating budget or F for a financial budget.
1.Capital expenditures budget
2.Cost of goods sold budget
3.Revenues budget
4.Budgeted statement of cash flows
5.Distribution costs budget
6.Marketing costs budget
7.Cash budget
8.Direct materials cost budget
9.Budgeted balance sheet
10.Budgeted income statement

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Definitions:

Concept of Crowding

The psychological feeling of discomfort or stress due to being in overly populated or cramped spaces.

Conference Room Table

A piece of furniture in an office setting designed to accommodate multiple participants during meetings and discussions.

Physical Environment

The tangible, concrete surroundings in which an organism or group operates, including both natural and built structures.

Ambience

The character or atmosphere of a place or environment, often perceived through sensory elements like light, sound, and aroma.