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21.Which of the following budgets or schedules uses data contained

Resolved Question:

21.Which of the following budgets or schedules uses data contained in the selling and administrative expense budget? A)Cash payments schedule B)Cash receipts schedule
C)Inventory purchases budget D)Sales budget22.Which of the following budgets needs to be prepared prior to preparing a purchases budget?A)Selling and administrative expense budgetB)Cash budgetC)Sales budgetD)All of the above23.Which of the following can reduce the amount of employees' budget gamesmanship?A)Have superiors and subordinates participate in the standard-setting processB)Incorporate standards into the firm's evaluation systemC)Avoid using standards for punitive purposesD)All of the above24.Which of the following factors should be considered in establishing standards for use with a standard costing system?A)Historical dataB)Current and planned technology, plant layout, and operating proceduresC)Behavioral implications
D) All of the above
Submitted: 7 years ago.
Category: Homework
Expert:  Neo replied 7 years ago.

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