Place the Following Budgets in the Normal Sequence of Budget

question 33

Multiple Choice

Place the following budgets in the normal sequence of budget preparation for a manufacturing entity.
I. budgeted balance sheet
II. budgeted income statement
III. production budget
IV. sales budget
V. cash budget
VI. cost of sales budget

• A) IV, V, VI, II, III, I.
• B) IV, III, VI, II, V, I.
• C) IV, VI, II, III, V, I.
• D) V, II, IV, VI, III, I.

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Definitions:

Individuality

The quality or character of being an individual; particularly of being a uniquely distinct, indivisible entity, distinguished by differences from others.

Ingroup Bias

The bias towards giving preference to people within one's own group over those from outside groups.

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The process of improving or augmenting the effectiveness, efficiency, or quality of an action or function.

Violin Player

An individual who plays the violin, a four-stringed musical instrument played with a bow.