Why is the forecast of sales revenue considered to be the cornerstone of the master budget?
What will be an ideal response?
The forecast of sales revenue is the cornerstone of the master budget because the level of
sales affects expenses and almost all other elements of the master budget.
You might also like to view...
One form of power moves is enlisting the support of allies, which can help the other party see the advantage of negotiating.
Answer the following statement true (T) or false (F)
A manager who constantly emphasizes punctuality to subordinates arrives late to meetings. The nonverbal message will be more strongly believed by the subordinates
Indicate whether the statement is true or false
Enactments of federal administrative agencies are found in: A) the United States Code
B) the Code of Federal Regulations. C) U.S.C. D) the UCC.
A local area network
a. can span an entire city b. is limited to a single building, campus, or complex c. can be leased from the local phone company d. can only carry low-speed transmissions