Which of the following information is not required for preparation of a budget?
A) Credit sales
B) Materials purchased
C) Costs of labour
D) The location of the company's headquarters

Question

Quizplus · Accepted Answer

The location of the company's headquarters is not directly relevant to the preparation of a budget. While it may have some indirect impact on costs, it is not a key input that is typically required for budget preparation. Information such as credit sales, materials purchased, and costs of labor are more directly related to the financial performance of the company, and therefore should be included in the budget.

Which of the Following Information Is Not Required for Preparation