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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


Definitions:

Pheromones

Chemical signals released by an organism that influence the behavior or physiology of others of the same species.

Testosterone

A steroid hormone associated with the development of male secondary sexual characteristics and the regulation of libido in both men and women.

Oocytes

Female reproductive cells or egg cells that once fertilized by sperm develop into an embryo.

Sexual Excitement

The phase of the human sexual response cycle characterized by an increase in physiological and emotional arousal.

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