 In this presentation, we will take a look at multiple choice questions related to budgeting, going through the questions and then practicing test-taking skills with them. First question, long-term liability data can be gotten from a. The cash budget and capital expenditures budget b. The cash budget and purchases budget c. The cash budget and budgeted income statement d. The sales budget and production budget or e. The cash budget and debt budget. Let's go to this again using the process of elimination. Long-term liability data can be gotten from either a. The cash budget and capital expenditures budget. Now if we're talking about long-term liability, you would think cash might be involved because we'd have a cash, you know, the long-term liability could have gone up or down because of we got cash on the liability so possibly and capital expenditures that's purchasing things like big things like property plan