There Are Various Budgets Within the Master Budget

question 25

Multiple Choice

There are various budgets within the master budget.One of these budgets is the production budget.Which of the following best describes the production budget?

• A) It details the required direct labour hours.
• B) It details the required raw materials purchases.
• C) It is calculated based on the sales budget and the desired ending inventory.
• D) It summarizes the costs of producing units for the budget period.

---

Definitions:

Physical

Relating to the body or material things, as opposed to the mind or spirit.

Cognitive

Relating to the mental action or process of acquiring knowledge and understanding through thought, experience, and the senses.

Emotional

Pertaining to feelings or psychological states, often influencing behavior and perception.

Job Crafting Behaviours

The actions taken by employees to personally modify their job tasks, relationships, and perceptions to improve their job satisfaction and performance.