A sales budget is: (a) derived from the production budget. (b) managements best estimate of sales revenue

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A sales budget is:

(a) derived from the production budget.

(b) management’s best estimate of sales revenue for the year.

(c) not the starting point for the master budget.

(d) prepared only for credit sales.

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Financial And Managerial Accounting

ISBN: 9781118004234

1st Edition

Authors: Donald E. Kieso, Paul D. Kimmel, Jerry J. Weygandt

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