Which of the Following Statements Is Not Correct

question 115

Multiple Choice

Which of the following statements is not correct?

• A) The sales budget is the starting point in preparing the master budget.
• B) The sales budget is constructed by multiplying the expected sales in units by the sales price.
• C) Using methods such as trend analysis and the Delphi technique can help reduce subjectivity in forecasting sales.
• D) The cash budget must be prepared prior to the sales budget because managers want to know the expected cash collections on sales made to customers in prior periods before projecting sales for the current period.

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Definitions:

Seasonal Affective Disorder

A type of depression that occurs at a specific time of year, usually in winter, due to reduced natural sunlight.

Melatonin Dysregulation

An imbalance in the production or timing of melatonin release, affecting sleep patterns and potentially contributing to sleep disorders.

Early Childhood Loss

The experience of losing a significant person, such as a parent or sibling, during one's early years, which can have profound psychological effects.

Predictor

An element or variable that can be used to forecast or anticipate the outcome of a future event.