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Question 3 Which of the following statements is true about production budget? Select the correct answer from the options below Proctucrion buciget=Sales - Opering inventory + Closing invertory Production butiget ast Sales + Opening inventory + Closing inventory Production budget ast Sales - Overing inventory - Closing inventorsurd Procaution pooget=Sales + Openngg (0,vertiovy+Closingin entory + Expenses) 4 pts

Question 4 Which of the following statement(s) is/are true about a cash budget? (Select the correct answer from the options below the statements) (1) A cash budget informs about whether or not there will be a cash surplus / deficit (2) A cash budget informs about the assets and liabilities of a given entity (3) Acash budget informs about the depreciation costs of assets (1) only (1) and (2) All of the above None of the above 4 pts

The following extract is taken from the sales budget for UHertz Plc: Sales activity 50% 70% Budgeted Production units ￡188,000 E263,200 What is the production budget for a sales activity level of 85% Select the correct answer from the options below E319,600 E456,500 ￡287,400 ￡235,900

Which of the following is NOT a user of management accounting information? Select the correct answer from the options below Shareholders Managers Lenders Company Directors

Question 1 Which of the following statement(s) is/are true about the budget slack? (Select the correct answer those listed below the following statements). (1) Budget slack is the deliberate under-estimation of costs and over estimation of revenue (2) Budget slack is the difference between the budgeted, and the actual units of production (3) Budget slack is the deliberate over-estimation of costs and under-estimation of revenue (4) Budget slack is the deliberate falsification of costs and revenues by managers, which is deemed unethical (3) and (4) are correct (1), (2) and (3)are correct (1) and (3) are correct