Question

The sales budget is the starting point for the master budget. Discuss how it is prepared. Why is its accuracy so important? View Instructor posts

Answer 1

a lot Answer Pinoil According to data Sales budget is prepared by taking of parameters in to Consideration. The end goal of the company is looked at and accordingly money is allocated for sales, the work force is also looked at, the competitor's Strategy and the possible plans in the feature and their correspon. -ding Cost time are Eat is noting but analysis of the sales target that the Company has in mind. The time frame is also considered qe, in what period of we planning to achieve the budget. => post trends of the progress and the reretty & Strategies axe Coneideed, mouicer research is done which Corresponds to both primary and Secondary and then basis the amalgamation all the inputs the sales budget is fixed.

The accuracy not is very important Since it inceurs a lot of Cost and stesources of the Company and if it is accurate it might lead to financial con and also a reputation in the market, very purpose of getting edge over Competitors would be defeated. bad pleas... plz Kindly opuste. That