Which of the following statements is correct regarding the components of the master budget?

(a) the cost of goods sold budget is used to create the selling and administrative expense budget.
(b) the manufacturing overhead budget is used to create the production budget.
(c) operating budgets are used to create cash budgets.
(d) the cash budget is used to create the capital budget.

(C) Operating budgets are used to create cash budgets.

Explanation:

The operating budget fprecast the various budget costs estimates for various expenses as direct materials, direct labor and other manufacturing overhead expenses and these expenses are feed in to the cash budget as the cash disbursements required in the future.

Therefore, The operating budgets are used in creating cash budgets.

the correct answer is:

it required the president to inform congress within forty-eight hours of any new troop commitment.

the war powers resolution (1973) is a federal law designed to limit the u.s. president’s ability to initiate or intensify military actions abroad without the approval of the congress.

it establishes that the president can send armed forces into action abroad only by declaration of war by congress, statutory authorization, or in case of a national emergency created by attack upon the united states, its territories or possessions, or its armed forces.

it requires the president to notify congress within 48 hours of sending armed forces to military action.