Which of the Following Is Not True

question 59

Multiple Choice

Which of the following is not true?

• A) The sales forecast is done before the sales budget.
• B) The master budget is the comprehensive plan for the organization as a whole.
• C) The production budget is prepared in units and dollars.
• D) One approach to forecasting sales is the bottom-up approach.
• E) In creating the sales forecast, outside factors such as the state of the economy, should be considered.

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Definitions:

Role Set

A concept describing all the roles associated with a particular social status, highlighting the complexity of social positions.

Single Status

The classification of an individual who is not legally married or in a recognized domestic partnership.

Organizations

Groups of people who work together in structured and coordinated ways to achieve a set of goals or objectives.

Individual Action

Actions or deeds carried out by a single person that can influence or impact their environment or society.