The master budget process begins with the
A)cash budget.
B)operating budget.
C)production budget.
D)sales budget.

Question

Quizplus · Accepted Answer

The master budget process typically begins with the sales budget, as this sets the foundation for all of the other budgets. The sales budget provides an estimate of the expected sales revenue for the budget period, which is essential information for developing the operating budget, production budget, and ultimately the cash budget.

The Master Budget Process Begins with the