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Which of the following is false with respect to the preparation of a sales budget and schedule of expected cash collections? An estimate for the
Which of the following is false with respect to the preparation of a sales budget and schedule of expected cash collections?
An estimate for the number of unit sales each period is needed. | ||
An estimate of the sales price per unit for each period is needed. | ||
The collection pattern for credit sales is needed. | ||
The percentage of units produced that remain in ending inventory is needed. |
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