Cost accounting 15th edition horngren test bank 1

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Cost Accounting 15th Edition by Horngren Datar Rajan ISBN 0133428702 9780133428704 Download solution manual at: https://testbankpack.com/p/solution-manual-for-costaccounting-15th-edition-by-horngren-datar-rajan-isbn0133428702-9780133428704/ Download full test bank at : https://testbankpack.com/p/test-bank-for-costaccounting-15th-edition-by-horngren-datar-rajan-isbn0133428702-9780133428704/

Cost Accounting, 15e (Horngren/Datar/Rajan) Chapter 6 Master Budget and Responsibility Accounting Objective 6.1 1) Which of the following is true of a budget? A) Budgets are used to express only the operational plans and not the strategic plans of a company. B) Budgets do not account for nonfinancial aspects of the upcoming period. C) Budgets are most useful when they are planned independent of the company's strategic plans. D) Budgets help managers to revise their plans and strategies. Answer: D Diff: 1 Objective: 1 AACSB: Analytical thinking

2) Which of the following is a financial budget? A) budgeted balance sheet B) cash receivables budget C) production budget D) cost of goods sold budget Answer: A

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