Asked by Abbie Medina on May 02, 2024
Verified
A plan that shows the expected sales units and the dollars from these sales.
A) Master budget
B) General and administrative expense budget
C) Budget
D) Safety stock
E) Budgeted income statement
F) Budgeted balance sheet
G) Sales budget
H) Cash budget
I) Merchandise purchases budget
Sales Budget
A detailed forecast of anticipated sales, often forming the basis for the company's production and marketing plans.
- Acquire knowledge about the distinct parts of a budget such as sales, cash, production, and expense budgets.
Verified Answer
ZK
Zybrea KnightMay 06, 2024
Final Answer :
G
Explanation :
The sales budget outlines the expected units to be sold and the revenue expected from these sales, making it the correct match for the definition provided.
Learning Objectives
- Acquire knowledge about the distinct parts of a budget such as sales, cash, production, and expense budgets.