1) Budgets are advantageous because they
A) Provide Performance criteria, promote goodwill and save money.
B) Compel Planning that includes the implementation of plans, require organizing, and ensure controlling.
C) Compel planning that includes the implementation of plans, provide performance criteria, and promote goodwill.
D) Ensure that the organization meets its goals.
E) Compel planning that includes the implementation of plans, provide performance criteria, and promote communication and coordination within the organization.
2) A Production budget expressed in units is equal to
A) Budgeted sales plus beginning finished goods inventory less targeted ending finished goods inventory
B) Budgeted sales plux beginning finished goods inventory plus targeted ending finished goods inventory
C) Last year's sales plus beginning finished goods inventory plus targeted ending finished goods inventory.
D) Budgeted Sales less beginning finished goods inventory less targeted ending finished goods inventory
E) Budgeted Sale's less beginning finished goods inventory plus targeted ending finished goods inventory