Question

MATCH THE FOLLOWING shows expected results at several activity levels integrated set of operating and financing...

MATCH THE FOLLOWING
shows expected results at several activity levels
integrated set of operating and financing budgets for a period of time
estimates the number of units to be manufactured to meet sales and inventory levels
shows expected results at only one activity level
begins by estimating the quantity of sales
master budget
sales budget
production budget
flexible budget
static budget

Homework Answers

Answer #1
Ans. 1 Shows expected results at several activity levels = Flexible budget
2 Integrated set of operating and financing budgets for a period of time                                = Master budget
3 Estimates the number of units to be manufactured to meet sales and inventory levels = Production budget
4 Shows expected results at only one activity level = Static budget
5 Begins by estimating the quantity of sales = Sales budget
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