The Master Budget Contains the Following Components, Among Others: Direct-Material

question 70

Multiple Choice

The master budget contains the following components, among others: direct-material budget, budgeted balance sheet, production budget, and cash budget. Which of these components would be prepared first and which would be prepared last?

• A)Direct-material budget, cash budget
• B)Direct-material budget, balance sheet
• C)Production budget, cash budget
• D)Production budget, balance sheet
• E)Cash budget, direct-material budget

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Definitions:

Separation Anxiety

A disorder in children characterized by excessive fear or anxiety about separation from home or attachment figures.

Attachment Figure

An individual who provides a child with emotional and physical security, often a parent or primary caregiver.

Social Smile

A smile that occurs in response to a human voice or face.

Human Voice

The sound produced by humans using the vocal folds for talking, singing, laughing, crying, screaming, etc.