Which Element of a Master Budget Would Normally Be Prepared

question 76

Multiple Choice

Which element of a master budget would normally be prepared last?

• A)A cash budget
• B)A budgeted balance sheet
• C)A budgeted income statement
• D)A production budget

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Definitions:

Internal-Unstable

Attributes of causal factors for behavior that are inconsistent and come from within the individual, such as mood or effort.

Internal-Stable

A term referring to an attribution style where an individual perceives the cause of events as due to their own stable, internal characteristics.

Lazy

A description of someone who is unwilling to work or use energy, often carrying a negative connotation.

Unfair Test

An assessment method that is biased or lacks validity, leading to inaccurate or unjust outcomes.