The _____ of a firm uses information from the sales budget and various cost budgets to develop a forecast of net earnings for the planning period.
A) budgeted balance sheet
B) budgeted income statement
C) cash flow statement
D) statement of financial position

Question

Quizplus · Accepted Answer

The budgeted income statement uses information from the sales budget and various cost budgets to forecast net earnings for the planning period.

The _____ of a Firm Uses Information from the Sales