Question: No it is not possible for a master budget to start with anything besides the sales forecast. 1 Step - by - step explanation The
No it is not possible for a master budget to start with anything besides the sales forecast.
Stepbystep explanation
The reason for this is that the master budget with the sales forecast indicates the level of demand that the firm expects to have and all other departments in areas of budgets will need to reflect the sales demand. The reason for this is that the majority of all other expenses are derived from supporting a determined level of sales
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