Which of the following budgets is not completed before a cash budget is prepared?

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  • Which of the following budgets is not completed before a cash budget is prepared?

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    Learning Objective: 10-416. Which of the following isnota potential benefit of having a sound budgeting process?

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    Blocher - Chapter 10 #16Difficulty: EasyLearning Objective: 10-117. Which of the following budgets must be completed before preparing a cash budget?

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    Blocher - Chapter 10 #17Difficulty: MediumLearning Objective: 10-418. Which of the following statements about budgeting isnottrue?

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    Blocher - Chapter 10 #18Difficulty: EasyLearning Objective: 10-119. Which of the following factors isleast likelyto be considered in preparing a sales budget?A.Plant capacity.B.General economic and industry conditions.C.Past sales volume.D.The cash budget.E.Proposed selling expenses.

    Blocher - Chapter 10 #19Difficulty: HardLearning Objective: 10-420. Sales forecasts are the first step in the budgeting process of a merchandising firm because:

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    Blocher - Chapter 10 #20Difficulty: MediumLearning Objective: 10-421. Sales forecasting by its nature is:

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    Blocher - Chapter 10 #21Difficulty: EasyLearning Objective: 10-422. Budgeting for production (i.e., units to be produced):

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    Blocher - Chapter 10 #22Difficulty: MediumLearning Objective: 10-4

    Which budget is not included in cash budget?

    A cash budget includes revenues (cash receipts), expenses paid (cash payments), and loan receipts and payments (financing), it does not include investing.

    Which budgets should be finished before the cash budget process?

    The cash budget is prepared after the operating budgets (sales, manufacturing expenses or merchandise purchases, selling expenses, and general and administrative expenses) and the capital expenditures budget are prepared.

    Which budgets are prepared before the production budget?

    The sales budget must be prepared before the production budget because a company bases its production on the sales units, and then adjust this for the desired inventory holding.