Question
Why is the sales budget the single most important source in preparing budgets? All the other budgets depend on it. It enables the company to
Why is the sales budget the single most important source in preparing budgets?
All the other budgets depend on it.
It enables the company to determine the unit cost of products.
It is the best determination of profitability of a company.
It is the only budget that requires estimates.
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
13th edition
978-1-119-4110, 1119411483, 9781119411017, 978-1119411482
