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Which of the following budgets is prepared before the preparation of the production budget? a. Sales budget b. Cash budget c. Direct labor budget d. Capital expenditure budget

Respuesta :

Zviko

Answer:

a. Sales budget

Explanation:

Sales Budget is the starting point for the Budgetary process. The sales budget projects the number of units to be sold to meet the firms targets.

These units will then need to be used to populate the production required by the firm to meet its sales needs plus any inventory balances.

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