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The starting point of a master budget is the preparation of the?
sales budget.
Suggest problems which may occur in Cash Flow Forecast?
Problems that may occur in a cash flow forecast can range in many ways. An example of an issue is if a sales manager provided an estimated revenue of sales, and was not able to meet his expectations. This would pose a problem for the company's budget, as it expected a certain amount of revenue, and did not earn as much as anticipated.
Why is the Sales budget the first budget to be prepared?
Budgets promote efficiency and serve as a deterrent to waste? A sales budget should be prepared before the production budget?
Which budget is prepared first?
The sales budget is the first budget to be prepared.
What is the most important ingredient in developing a firm's financial plan?
A forecast of sales revenues.
What is The usual starting point for a master budget?
the sales forecast or sales budget.
The starting point of a master budget is the preparation of the?
sales budget.
A sales budget should be prepared before the production budget?
Yes sales budget is the starting point for budeting process as it provides the important information about how many units needs to be sell.
Should the A G Refrigerators sales budget be lower higher or equal to the sales forecast and why?
If you have a stable market in which you operate, then you could forecast for the sales. Normally sales budget should not exceed the sales forecast. Exceeding the sales budget over the forecasted sales can help the firm invest more capital in marketing and promotions. The Sales forecast would be beneficial for the production department.
What is the significance of sales budget in an enterprise?
Sales budget is the starting point of budgeting process because it provides the all important figure of budgeted sales data for production budgets and for all other budgeted financial statements.
Is the budgeted income statement prepared before the sales budget?
Budgeted income statement is prepared at the last after preparing all other budgets and sales budget is the starting point of budgeting process.
What is a plan for acquiring the resources needed to complete the manufacturing activities that will satisfy the organization's sales forecast a production budget?
production budget
What is sales budgeting and why is it important?
Sales budgeting is the starting point of budgeting process as in sales budget first of all the sales demand is determined and after that all other budgets are prepared to fulfill that demand.
If the sales budget shows a sharp increases in a particular months than in order to meet sales forecast the production budget must call increased production in the month?
Same Month
'What is the difference between sales forecast and sales quota?
what is sales forecast
Purpose and meaning of sales budget?
Basically... * as a starting point for all other budgets * to set objectives for sales * allocate resources and finance * based on assumptions about the maket
Where can one get sales forecast software?
There are many places where one could obtain sales forecast software. One could check sites such as Sales Force for purchasing sales forecast software.
