On the line in front of each statement, enterthe letter corresponding to the ter

ID: 2371325 • Letter: O

Question

On the line in front of each statement, enterthe letter corresponding to the term that best

fits that statement. An item may be used more than once or not at all.

A. Cash budget E. Responsibility accounting

B. Financial accounting F. Master budget

C. Capital expenditures budget G. Indirect costs

D. Sensitivity analysis H. Operating budget

____ A company?s plan for purchases of property, plant, equipment, and other

long-term assets

____ Details how the company expects to go from the beginning cash balance to the

desired

ending cash balance.

____ A system for evaluating the performance of each responsibility center and its

manager.

____ A budget that projects cash inflows and outflows and the end of period balance

sheet.

____ Costs that cannot be traced to a single department.

1) C

2)A

3)E

4)B

5)G

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