Instead of a production budget a merchandiser will prepare a
A) pseudo-production budget.
B) merchandise purchases budget.
C) master time sheet.
D) sales forecast.

Question

Quizplus · Accepted Answer

Since the focus is on merchandise, a merchandiser will prepare a merchandise purchases budget to plan and estimate the cost of purchasing inventory for resale. This budget will include information on the stock quantity to be purchased, the cost of each unit, and the total cost of purchases. A sales forecast is also helpful in preparing a merchandise purchases budget. A master time sheet is a document used in time and attendance tracking for employees, while a pseudo-production budget is not a commonly used term in merchandising.

Instead of a Production Budget a Merchandiser Will Prepare a