For a Manufacturing Entity, If

question 63

Multiple Choice

For a manufacturing entity, if:
1 is the budgeted balance sheet
2 is the budgeted income statement
3 is the production budget
4 is the sales budget
5 is the cash budget
6 is the cost of sales budget;
Then the normal sequence of budget preparation is:

• A) 4, 5, 6, 2, 3, 1.
• B) 4, 3, 6, 2, 5, 1.
• C) 4, 6, 2, 3, 5, 1.
• D) 5, 2, 4, 6, 3, 1.

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