Which of the following is the starting point in the development of a budget?
A) Capital expenditure
B) Cash flow
C) Sales
D) Production

Question

Quizplus · Accepted Answer

Sales is the starting point in the development of a budget as it provides the basis for estimating expenses and determining revenue goals. Without knowing the expected sales, it becomes difficult to allocate resources and plan for expenses.

Which of the Following Is the Starting Point in the Development