The Selling and Administrative Budget is prepared by determining the level of support needed to meet the Sales Budget.

Question

Quizplus · Accepted Answer

The Selling and Administrative Budget is indeed prepared by determining the level of support activities and expenses needed to meet the sales forecasts outlined in the Sales Budget. This includes estimating costs related to sales force, marketing, office salaries, and other administrative functions.

The Selling and Administrative Budget Is Prepared by Determining the Level