Kate Is a Financial Manager at Nature Feeds,a Manufacturer of Cattle

question 119

Multiple Choice

Kate is a financial manager at Nature Feeds,a manufacturer of cattle feed.She makes a budget that shows the anticipated receipts and expenses of the company.The budget also shows her the amount of working capital available and whether the company will need loans.This is the last budget that Kate creates for the upcoming year.Which of the following types of budget is exemplified in this scenario?

• A) Master budget
• B) Cash budget
• C) Cost production budget
• D) Production budget
• E) Sales budget

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Definitions:

Truck

A large motor vehicle designed for transporting goods by road.

Sum-Of-The-Years-Digits

A method of depreciation that accelerates costs based on the premise that an asset is more productive in its earlier years than its later years.

Scrap Value

The estimated residual value of an asset after its useful life has ended.

Camera Unit

A complete devise for capturing photographs or videos, including the body, lens, and potentially other integrated components.