The final and authoritative compilation of federal administrative regulations is called:

Which of the following is not true about the direct materials purchases budget?

a. It is determined by the anticipated change in the direct materials inventory level and the production budget. b. The direct materials purchases budget does not affect the forecasted balance sheet. c. The direct materials purchases budget is expressed in units and dollars. d. It is used in preparing the budgeted income statement.

List three effects the Bhopal disaster had on Union Carbide