Explain the role of a sales forecast in budgeting. What is the difference between a sales fore-cast

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Explain the role of a sales forecast in budgeting. What is the difference between a sales fore-cast and a sales budget?

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Cornerstones of Financial and Managerial Accounting

ISBN: 978-1111879044

2nd edition

Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen

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Question Posted: Sep 22, 2015 03:46 AM

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All budgets depend on the sales budget. Is this true? Explain.
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Explain the role of a sales forecast in budgeting. What is the difference between a sales fore-cast

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The sales forecast is a critical input for building the sales budget However it i...View the full answer

Cornerstones of Financial and Managerial Accounting

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