Sales personnel have the quickest access to data.
Sales forecasts are the most objective of all budgeted
activities.
Almost all activities of a firm emanate from (i.e., are linked
to) estimated sales demand.
UNIT 3 QUIZ
Question 10. Question : All of the following represent
alternative approaches to the
traditional budget-preparation process except which one?
Student Answer:
Master budgeting.
Kaizen budgeting.
Continuous-improvement budgeting.
Activity-based budgeting (ABB)
Time-driven activity based budgeting (TDABB)