If a Company Produces and Sells Goods to Order,the Sales

question 75

True/False

If a company produces and sells goods to order,the sales budget and production budget are identical.A company that produces and sells goods to order would not carry a finished goods inventory,which is the difference between a sales budget and a production budget.

---

Definitions:

Stock

A type of security that signifies ownership in a corporation and represents a claim on part of the corporation's assets and earnings.

Expected Return

A financial term used to calculate the average amount of profit or loss an investment is predicted to generate.

Economy Booms

A period of rapid economic growth and expansion characterized by high employment, increasing consumer confidence, and elevated business production.

Expected Rate

The anticipated return on an investment, often used to estimate the future value of investments or to guide investment decisions.