If sales forecast is subject to error, then, there is no purpose of budgeting. Do you agree?

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‘If sales forecast is subject to error, then, there is no purpose of budgeting.’ Do you agree? Also explain how a flexible budget can be used by management to help control costs.

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Management Accounting Text Problems And Cases

ISBN: 9781259026683

6th Edition

Authors: M Y Khan, P K Jain

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Question Posted: Mar 08, 2024 11:00 PM

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If sales forecast is subject to error, then, there is no purpose of budgeting. Do you agree?

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Management Accounting Text Problems And Cases

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