If a Company Gets the Sales Forecast Wrong,which of the Following

question 30

Multiple Choice

If a company gets the sales forecast wrong,which of the following budgets will also be incorrect?

• A)Direct labor budget
• B)Production budget
• C)Budgeted income statement
• D)All of these ans choices are correct.

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Definitions:

Market Research

The action or activity of gathering information about consumers' needs and preferences to support business decisions.

Prime Vacant Land

Land in a highly coveted location that is undeveloped and offers great potential for investment, construction, or development due to its desirable characteristics.

Enforceable Contract

A legal agreement between parties that is valid under the law and therefore can be upheld in a court of law.

Legal Consideration

Legal consideration involves something of value that is exchanged between parties in a contract, making the agreement legally enforceable.