Which of the Following Factors Is Least Likely to Be

question 17

Multiple Choice

Which of the following factors is least likely to be considered in preparing a sales budget?

• A) Plant capacity.
• B) General economic and industry conditions.
• C) Past sales volume.
• D) The capital expenditures budget.
• E) Proposed selling expenses, such as advertising.

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Definitions:

Consumer Income

Refers to the total earnings received by consumers, including wages, salaries, benefits, and any other income sources, influencing their purchasing power and spending behaviors.

Price Increase

A situation where the cost of goods or services rises over a period of time.

Supply Elasticity

Measures how the quantity supplied of a good responds to a change in the price of that good.