The sales plan identifies:
A)expected cash flows from the sales of each product.
B)actual sales from last year for each product.
C)the budgeted level of sales for each product.
D)the variance of sales from actual for each product.

Question

Quizplus · Accepted Answer

The sales plan typically includes the budgeted or projected level of sales for each product in a given time period. It does not necessarily provide information on actual sales from the previous year or variations in sales from actual. Although cash flows may be in some way related to sales, they are not explicitly identified in the sales plan.

The Sales Plan Identifies