Which one of the following budgets would be prepared for a retail company but NOT for a manufacturer?
A)labour budget
B)cash budget
C)merchandise purchases budget
D)production budget

Question

Quizplus · Accepted Answer

A merchandise purchases budget is specific to retail companies as it plans for the purchase of goods for resale, whereas manufacturers prepare a production budget to plan for the production of goods.

Which One of the Following Budgets Would Be Prepared for a Retail