How JustAnswer Works:

  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.

Ask Neo Your Own Question

Neo, Tutor
Category: Homework
Satisfied Customers: 12101
Experience:  BS Accounting
Type Your Homework Question Here...
Neo is online now
A new question is answered every 9 seconds

Which one of the following is not a benefit of budgeting Choose

Resolved Question:

Which one of the following is not a benefit of budgeting?
Choose one answer. a. It facilitates the coordination of activities.
b. It provides definite objectives for evaluating performance.
c. It provides assurance that the company will achieve its objectives.
d. It requires all levels of management to plan ahead on a recurring basis.
Question 12
Question 13
2 Which is the last step in developing the master budget?
Choose one answer. a. Preparing the budgeted balance sheet
b. Preparing the cost of goods manufactured budget
c. Preparing the budgeted income statement
d. Preparing the cash budget
Question 14
Which of the following is not a financial budget?
Choose one answer. a. Capital expenditure budget
b. Cash budget
c. Manufacturing overhead budget
d. Budgeted balance sheet
Question 15
The culmination of preparing operating budgets is the:
Choose one answer. a. budgeted balance sheet.
b. production budget.
c. cash budget.
d. budgeted income statement.
Question 16
The starting point in preparing a master budget is the preparation of the:
Choose one answer. a. production budget.
b. sales budget.
c. purchasing budget.
d. personnel budget.
Question 17
What is the proper preparation sequencing of the following budgets?
1. Budgeted Balance Sheet
2. Sales Budget
3. Selling and Administrative Budget
4. Budgeted Income Statement
Choose one answer. a. 1, 2, 3, 4
b. 2, 3, 1, 4
c. 2, 3, 4, 1
d. 2, 4, 1, 3
Question 18
Kemper Company's direct materials budget shows total cost of direct materials purchases for April $200,000, May $240,000 and June $280,000. Cash payments are 60% in the month of purchase and 40% in the following month. The budgeted cash payments for June are:
Choose one answer. a. $264,000.
b. $256,000.
c. $240,000.
d. $208,000.
Question 19
Marks: 2 On January 1, Dooley Company has a beginning cash balance of $63,000. During the year, the company expects cash disbursements of $510,000 and cash receipts of $435,000. If Dooley requires an ending cash balance of $60,000, Dooley Company must borrow:
Choose one answer. a. $48,000.
b. $60,000.
c. $72,000.
d. $138,000.
Question 20
The process of evaluating financial data that change under alternative courses of action is called
Choose one answer. a. double entry analysis.
b. contribution margin analysis.
c. incremental analysis.
Submitted: 6 years ago.
Category: Homework
Expert:  Neo replied 6 years ago.

You need to spend $3 to view this post. Add Funds to your account and buy credits.
Neo, Tutor
Category: Homework
Satisfied Customers: 12101
Experience: BS Accounting
Neo and 2 other Homework Specialists are ready to help you

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

  • Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help. Mary C. Freshfield, Liverpool, UK
< Previous | Next >
  • Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help. Mary C. Freshfield, Liverpool, UK
  • This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!! Alex Los Angeles, CA
  • Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult. GP Hesperia, CA
  • I couldn't be more satisfied! This is the site I will always come to when I need a second opinion. Justin Kernersville, NC
  • Just let me say that this encounter has been entirely professional and most helpful. I liked that I could ask additional questions and get answered in a very short turn around. Esther Woodstock, NY
  • Thank you so much for taking your time and knowledge to support my concerns. Not only did you answer my questions, you even took it a step further with replying with more pertinent information I needed to know. Robin Elkton, Maryland
  • He answered my question promptly and gave me accurate, detailed information. If all of your experts are half as good, you have a great thing going here. Diane Dallas, TX

Meet The Experts:

  • LogicPro



    Satisfied Customers:

    Expert in Java C++ C C# VB Javascript Design SQL HTML
< Last | Next >
  • LogicPro's Avatar



    Satisfied Customers:

    Expert in Java C++ C C# VB Javascript Design SQL HTML
  • Manal Elkhoshkhany's Avatar

    Manal Elkhoshkhany


    Satisfied Customers:

    More than 5000 online tutoring sessions.
  • Linda_us's Avatar


    Finance, Accounts & Homework Tutor

    Satisfied Customers:

    Post Graduate Diploma in Management (MBA)
  • Chris M.'s Avatar

    Chris M.

    M.S.W. Social Work

    Satisfied Customers:

    Master's Degree, strong math and writing skills, experience in one-on-one tutoring (college English)
  • F. Naz's Avatar

    F. Naz

    Chartered Accountant

    Satisfied Customers:

    Experience with chartered accountancy
  • Bizhelp's Avatar



    Satisfied Customers:

    Bachelors Degree and CPA with Accounting work experience
  • Seanna's Avatar



    Satisfied Customers:

    3,000+ satisfied customers, all topics, A+ work

Related Homework Questions