Which budget typically serves as a starting point in developing a master budget?
A) The sales budget.
B) The cost of goods sold budget.
C) The employee turnover budget.
D) The manufacturing cost budget.

Question

Quizplus · Accepted Answer

The sales budget is usually the starting point for developing a master budget since it provides estimates for the expected revenue and sets the foundation for the rest of the budget.

Which Budget Typically Serves as a Starting Point in Developing