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Question
The budget that forms the fundamental basis of all budgets and lays down the revenue goals of an enterprise is the ______.
Options
Purchase Budget
Sales Budget
Cash Budget
Production Budget
Solution
The budget that forms the fundamental basis of all budgets and lays down the revenue goals of an enterprise is the Sales Budget.
Explanation:
A sales budget is essentially a projection of the amount of money that will be sold during a given time frame in the future. Generally speaking, the sales budget serves as the foundation upon which all other budgets are created.
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