What Is the Purpose of the Sales Budget Report

question 72

Multiple Choice

What is the purpose of the sales budget report?

• A)to control the cost of selling products in a company
• B)to assess whether the company is profitable or not
• C)to determine why sales goals were met or not met
• D)to identify differences between planned sales and actual sales and take corrective action if necessary

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Definitions:

Time

A constant, quantifiable value through which occurrences are sequenced from the past, through the present, and into the future.

Productivity

The effectiveness of productive effort, typically measured in terms of the rate of output per unit of input.

Efficiency

The ratio of useful output to total input, indicating how well resources are utilized to achieve a goal.

Physical Barriers

Physical barriers refer to tangible obstructions that hinder or restrict access, communication, and interaction among people in a physical space.