in creating the master budget, the second budget a company prepares is the production budget. a. True b. False

In creating the master budget, the second budget a company prepares is the production budget.

a. True

Explanation:

When a company prepares the master budget, it first prepares the sales budget, followed by the production budget.  The production budget calculates the costs of materials, labor, and overhead based on the number of units to be manufactured within the budget period.  The units of products are derived from the sales forecast and the planned amount of ending finished goods inventory.

the amount of money you earn by working is your income.

the percentage of people actively looking for a job is called unemployment.