The Sales Budget,in Contrast to Other Budgets in the Sales

question 90

Multiple Choice

The sales budget,in contrast to other budgets in the sales department,is most likely to include items for:

• A)Sales force commissions.
• B)Cost of television time used to promote products.
• C)Branch managers' salaries.
• D)Dollar and unit revenue anticipated from each product.
• E)All of these.

---

Definitions:

Producers

Entities that create, manufacture, or supply goods and services for the purpose of selling to consumers, businesses, or other producers.

Consumer Surplus

The gap between the total sum consumers are ready and able to spend for a good or service and the actual amount they pay.

Demand Curve

A graph showing the relationship between the price of a good and the quantity demanded, typically downward sloping to the right, reflecting the inverse relationship between price and quantity demanded.

Market Price

The current price at which an asset or service can be bought or sold in a competitive marketplace.