All of the following are financial budgets except:
A: the budgeted balance sheet
B: the capital budget
C: the cash budget
D: the budgeted income statement
A: the budgeted balance sheet
B: the capital budget
C: the cash budget
D: the budgeted income statement
举一反三
- The financial budgets of a nonmanufacturingcompany include the capital budget, thecash budget, and the budgeted balance sheet.
- Each of the following budgets is used in preparing the budgeted income statement except the A: sales budget B: selling and administrative budget. C: capital expenditure budget. D: direct labor budget.
- The CORRECT data flow from one financial statement to the next is: A: statement of retained earnings, income statement, balance sheet, statement of cash flows. B: balance sheet, statement of retained earnings, income statement, statement of cash flows. C: statement of retained earnings, income statement, statement of cash flows, balance sheet. D: income statement, statement of retained earnings, balance sheet, statement of cash flows.
- When preparing a budgeted balance sheet, the balance in the cash account is found on the ________.
- Which accounts appear on which financial statement? A: Balance sheet: Receivables, land, payablesIncome statement: Revenues, supplies B: Balance sheet: Cash, revenues, landIncome statement: Expenses, payables C: Balance sheet: Cash, receivables, payables Income statement: Revenues, expenses D: Balance sheet: Expenses, payables, cash Income statement: Revenues, receivables, land