budgeting

fenil 23 April 2020 at 17:02 PM

Question  Which one of the following items should be done first when developing a comprehensive
budget for a manufacturing company?
A) Development of the cash budget.
B) Development of the sales budget.
C) Determination of the advertising budget.
D) Preparation of a pro forma income statement.

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FACULTY 18 May 2020 at 12:46 PM

Development of the sales budget.(option B)

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