Which of the following budgets are prepared before the sales budget?
Choice A is Manufacturing Overhead Budget-Yes and Cash Budget-Yes,
Choice B is Manufacturing Overhead Budget-Yes and Cash Budget-No,
Choice C is Manufacturing Overhead Budget-No and Cash Budget-Yes,
Choice D is Manufacturing Overhead Budget-No and Cash Budget-No
a. Choice A
b. Choice B
c. Choice C
Selected: d. Choice D This answer is correct.
Correct! The sales budget is prepared first before any other budgets.