Multiple Choice QuestionAll of the following are ways that managers use the master budget except:Multiple choice question.to help in the planning processto help in sensitivity analysisto help in controlling coststo place blame on managers

Multiple Select QuestionSelect all that applyWhich of the following describe management's use of a master budget: (Check all that apply).Multiple select question.Helps to place blame on managers who do not meet budgetsHelps in planning and control activitiesHelps in determining bonuses to managers who meet budgetsHelps analyze differences between actual and budgeted results

Multiple Choice QuestionAll of the following are guidelines that should be followed for budgets to be a positive motivating force except:Multiple choice question.goals should be challenging but attainablebudgets should be prepared using a top-down approachevaluations offer opportunities to explain differences between actual and budgeted amountsemployees should help prepare the budget

Multiple Choice QuestionIn responsibility accounting, unit managers are evaluated on:Multiple choice question.costs they cannot controluncontrollable costscosts they can controlcosts in decentralized units

Many companies begin preparation of the master budget with the sales budget because, for many organizations, sales are most Blank______.Multiple choice question.controllabledefiniteuncertain

Multiple Choice QuestionAn example of a cost that a department manager would not control is:Multiple choice question.departmental suppliesthe manager's own salarydepartmental utilities