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Sales budget must be prepared:

<p>(a) Independently </p> <p>(b) Depending on production capacity </p> <p>(c) Based on Sales forecasts of market.</p>

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Question added by Kamran Anjum , Head of Internal Audit , Rafhan Maize Products Company limited, Faisalabad, Pakistan, Ingredion Incorporated Gmbh
Date Posted: 2014/09/25
Khaled Abdelrehim ACCA DipIFR CMA
by Khaled Abdelrehim ACCA DipIFR CMA , Financial Analysis Assistant General Manager , Khalda Petroleum Company

based on sales forecasts

Ahmed Abd Alwahab Awad Ibrahim
by Ahmed Abd Alwahab Awad Ibrahim , Chief Accounting , ICCDP

I think the right answer is (c) Based on Sales forecasts of market.

Divyesh Patel
by Divyesh Patel , Assistant Professional Officer- Treasury , City Of Cape Town

(c) Based on Sales forecasts of market.

georgei assi
by georgei assi , مدير حسابات , المجموعة السورية

The Answer C

sure C cause production budget determines based on sales budget and ending inventory budget .

Muhammad Zubair
by Muhammad Zubair , CFO / Chief Accountant , RH Group

IT is c

 

Kamran Anjum
by Kamran Anjum , Head of Internal Audit , Rafhan Maize Products Company limited, Faisalabad, Pakistan, Ingredion Incorporated Gmbh

Answer is Option C) Based on Sales forecasts of market.

FITAH MOHAMED
by FITAH MOHAMED , Financial Manager , FUEL AND ENERGY CO for transportion petroleum materials

both a & b 

Sales budget  are prepared based on   Sales forecasts of market taking into account 

  production capacity

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

This  is based on Sales and Market forecast

Abdallah Abu Zeyad CMA
by Abdallah Abu Zeyad CMA , Finance Account Manager , Toyota - Abdul Latif Jameel Motors - KSA

C) Based on Sales forecasts of market.

And its the base of the whole Budget.

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