You are watching: In preparing a budgeted balance sheet, the amount for accounts receivable data can be derived from:
Which the the following determinants is the very least likely come be taken into consideration in preparing a sales budget?-Business capacity.-Proposed selling expenses, such as advertising.-Forecasted economic and market conditions.-The capital expenditures budget.-Prediction of unit sales.
A managerial audit report that presents predicted quantities of the company"s revenues and expenses because that the budget period is referred to as a:-Master plan.-Rolling revenue statement.-Continuous benefit statement.-Budgeted income statement.-Budgeted balance sheet.
In prepare financial budgets:-The cash spending plan is generally not prepared.-The resources expenditures spending plan is usually all set last.-The budgeted income statement is generally not prepared.-The budgeted earnings statement is usually all set last.-The budgeted balance sheet is usually ready last.
A arrangement that reports the systems or costs of was to it is in purchased by a merchandising firm during the budget period is called a:-Merchandise to buy budget.-Capital expenditures budget.-Cash budget.-Sales budget.-Selling costs budget.
The usual beginning point in the budgeting procedure is a arrangement showing the plan sales units and the revenue meant from these sales. This setup is called the:-Sales budget.-Business plan.-Merchandise to buy budget.-Income statement budget.-Operating budget.
A budget plan that plans the varieties and amounts of operating costs expected that are not contained in the selling expenses or manufacturing budget is a:-Selling price budget.-Sales budget.-General and also administrative cost budget.-Overhead budget.-Cash payment budget.
When prepare the cash budget, all of the adhering to should be considered except:-Cash payment for income taxes.-Depreciation expense.-Cash payments because that merchandise.-Cash receipts from customers.-Cash payments for capital expenditures.
Which of the complying with would not be supplied in preparing a cash spending plan for October?-Budgeted resources equipment purchases because that October.-Budgeted salaries price for October.-Beginning cash balance top top October 1.-Estimated depreciation cost for October.-Budgeted sales and also collections because that October.
A managerial audit report that presents predicted amounts of the company"s assets, liabilities, and also equity together of the end of the budget duration is called a(n):-Rolling balance sheet.-Cash balance sheet.-Continuous balance sheet.-Operating balance sheet.-Budgeted balance sheet.
A quantity of inventory that offers protection against lost sales led to by unfulfilled requirements from client is called:-Just-in-time inventory.-Continuous inventory.-Capital stock.-Budgeted stock.-Safety stock.
Which the the complying with budgets is not completed before a cash budget plan is prepared?-Capital expenditure budget.-Budgeted revenue statement.-Merchandise purchases budget.-General and also administrative expense budget.-Sales budget.
Which the the following budgets is no a budget plan that a manufacturer would incorporate in its grasp budget?-Direct materials budget.-Cash budget.-Merchandise purchases budget.-Sales budget.-Production budget.
In preparing a budgeted balance sheet, the dollar lot of accounts Receivable have the right to be derived from:-The budgeted revenue statement and budgeted balance sheet.-The selling costs budget and also the schedule that cash receipts.-The to buy budget and schedule that cash payments.-The sales budget and also the schedule that cash receipts.-The funding expenditures budget and purchases budget.
A arrangement that list the species and amounts of selling prices expected during the budget duration is called a(n):-Purchases budget.-Capital expenditure budget.-Selling price budget.-General and also administrative budget.-Sales budget.
To identify the production budget plan for an accountancy period, consideration is provided to all of the adhering to except:-Budgeted overhead.-Safety stock.-Budgeted start inventory.-Budgeted sales.-Budgeted finishing inventory.
Which of the following determinants is the very least likely to be considered in prepare a sales budget?-Forecasted economic and also market conditions.-Business capacity.-Prediction the unit sales.-The funding expenditures budget.-Proposed offering expenses, such as advertising.
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A plan that mirrors the meant cash inflows and also cash outflows throughout the budget plan period, including receipts native loans required to maintain a minimum cash balance and repayments of such loans, is dubbed a(n):-Cash budget.-Operating budget.-Rolling budget.-Income statement.-Capital expenditure budget.
Fundamental Financial bookkeeping Concepts9th EditionChristopher Edmonds, Frances M McNair, Philip R. Olds, cutting board P. Edmonds
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