question archive The usual starting point for preparing a master budget is forecasting or estimating: Multiple Choice Sales
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The usual starting point for preparing a master budget is forecasting or estimating:
Multiple Choice
Sales.
Cash payments
Expenditrues
. Production.
Income.
The usual starting point for preparing a master budget is forecasting or estimating Sales. |
The budgeted sales are estimated at the beginning for preparation of Sales Budget. |
Sales budget serves as the basis for preparation other budgets followed by The production budget, Materials Budget, Labor budget, Overhead budget, Selling expense budget and Financial Budgets. |
Option A Sales is correct |