Actual sales rarely match budgeted sales in the master budget.

Name: Actual sales rarely match budgeted sales in the master budget.
Brand: Quizplus
Rating: 4.9 (34 reviews)

Question

Quizplus · Accepted Answer

This is because budgeted sales are based on estimates and predictions, and actual sales are influenced by various factors that may not have been accurately forecasted, such as changes in market demand, competition, and economic conditions. As a result, it is common for actual sales to deviate from the budgeted sales in the master budget.

Actual Sales Rarely Match Budgeted Sales in the Master Budget