Question

Which budget forms the fundamental basis on which all other budgets are built up.

पर्याय

• Cash Budget

• Purchase Budget

• Master Budget

• Sales Budget

Answer 1

Sales Budget

Explanation:

The sales budget is the first or basic component of the budgeting process. It shows the expected number of units to be sold at an expected price in a particular period. Once the sales budget is prepared, the other budgets can be built up.