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:

Training and Development

Activities aimed at enhancing the skills, knowledge, and competencies of employees to improve their job performance.

Organizational Climate

The overall environment and atmosphere within a company, based on employees' perceptions and feelings about the work setting.

Training Goals

Objectives set during the planning phase of a training program, aiming at specific outcomes to be achieved through the training activities.

Organizational Needs Analysis

The process of evaluating the requirements of an organization in order to ensure the right resources and conditions are in place for success.