Question 1
Which of the following is a suggested source for forecasting sales for a new business?
◦ Projected production
◦ Industry projections
◦ Factory capacity
◦ Time and motion studies
Question 2
To determine the cash payments for direct materials during a period, companies prepare a
◦ cash flow from operating activities.
◦ cash payment for materials budget.
◦ cash disbursements schedule.
◦ None of these answer choices are correct.