Why is the sales forecast the starting point in budgeting


Cost Accounting Questions -

What is a budget? What is budgetary control?

Why is the sales forecast the starting point in budgeting?

The principal purpose of the cash budget is to see how much cash the company will have in the bank at the end of the year. Do you agree? Explain.

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Accounting Basics: Why is the sales forecast the starting point in budgeting
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