English

Production budget shows the break-up of total sales product-wise, territory-wise, and month-wise.

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Question

Production budget shows the break-up of total sales product-wise, territory-wise, and month-wise.

Options

  • True

  • False

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Solution

False

Explanation:

The break‑up of total sales product-wise, territory-wise and month-wise is shown by the sales budget. The production budget is prepared from the sales budget and specifies production quantities and inventory requirements.

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Chapter 9: Budgeting - EXERCISES [Page 163]

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Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 9 Budgeting
EXERCISES | Q 33. | Page 163
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