Assuming a bottom-up process of budget development, which of the following should be initially responsible for developing sales estimates?
A) The accounting department.
B) Top management.
C) The budget committee.
D) The marketing department.
E) The sales department.

Question

Quizplus · Accepted Answer

The sales department is typically responsible for developing sales estimates as they have direct knowledge and insights into market conditions, customer needs, and sales trends.

Assuming a Bottom-Up Process of Budget Development, Which of the Following