When looking at the main difference between the budget preparation process of a manufacturing company and that of a service company,
When looking at the main difference between the budget preparation process of a manufacturing company and that of a service company,
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Transcribed Image Text:When looking at the main difference between the budget preparation process of a manufacturing company and that of
a service company,
a.
service company budgets focus more on the sales budget than do manufacturing companies.
O b. the budget process contains the same level of complexity in both types of companies.
c. manufacturing budgets focus more on the long-range planning components of the process than do service
companies.
O d. the budget process is more important to a manufacturing company because of the higher level of capital
investment involved.
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