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Categorization is plainly influenced by judgments about resemblance, but it is also influenced by factors other than resemblance. Which of the following is NOT part of the evidence indicating the importance of these other factors?
Direct Labor Budget
A detailed plan that shows the direct labor-hours required to fulfill the production budget.
Production Budget
An estimate of the total amount of production, in units, that a company needs to meet its sales goals and inventory policies.
Master Budget
A number of separate but interdependent budgets that formally lay out the company’s sales, production, and financial goals and that culminates in a cash budget, budgeted income statement, and budgeted balance sheet.
Interdependent Budgets
Budgets within an organization that are related and influenced by one another, requiring coordination for effective financial planning.
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