Course Solutions Uncategorized (Answered) : The master budget process usually begin with

(Answered) : The master budget process usually begin with

The master budget process usually begin with

Expert Answer


Answer: The master budget process usually begin with the Sales Budget

Explanation: Sales forecast is the starting point of the annual budget for any organisation. This is the number of units that the company expects to sell in that particular year. Other important aspects like production, costs or even the level of inventory that needs to be maintained, all depends on the forecasted sales figures. Hence, the master budget process usually begin with the Sales Budget.

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Post