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Which of the following is not true?
Sales Budgets
Detailed projections of a company’s sales revenue for a specific period, used for planning and control purposes.
Direct Materials Budget
A financial plan that estimates the raw materials required for production and the expected cost during a specific period.
Manufacturing Overhead Budget
A planned document detailing the expected manufacturing overhead costs for a specific period, helping managers in the decision-making process regarding the allocation of resources.
Sales Budget
A detailed forecast of future sales, typically the first step in the budgeting process, driving the company's production, workforce, and financial planning.
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