WorksheetsCASH BUDGET
Total questions: 5
Worksheet time: 2mins
What type of budget provides information regarding the number of units
that should be produced over a given accounting period based on expected sales
and targeted level of ending inventories?
Cash Flow Budget
Financial Budget
Production Budget
Sales Budget
Which type of budget gives some expected sales revenue and expenses, and
selling for the organization for a specific period of time?
Cash Flow Budget
Operations Budget
Production Budget
Sales Budget
What type of budgets refers to the variable and fixed costs needed to run
the operations of the company but are not directly attributable to the generation of
sales?
Financial Budget
Operations Budget
Production Budget
Sales Budget
What is TRUE about cash budget?
It forecasts the timing of the cash inflows and matches them with cash
inflows from sales and other receipts.
It calculates the number of units of products that must be manufactured.
It forecasts the revenues and expenses expected for one or more future
periods.
It is typically formulated by the management team just prior to the
beginning of the year, and shows expected activity levels for the entire
year.
Study and analyzed the following sentences about operation costs.
I. Operation costs are a mixed variable and fixed cost.
II. Variable costs usually vary with sales.
III. Fixed costs changed as the volume of sales changed.
I and II are true.
I and III are true
II and III are true.
III is false.
