Which of the following is not a consideration in the preparation of a sales budget or sales forecast?
A) General economic trends
B) Anticipated marketing or advertising plans
C) Issuance of the current year's financial statements
D) Anticipated price changes in both purchasing costs and sales prices

Question

Quizplus · Accepted Answer

The issuance of the current year's financial statements is not relevant in preparing a sales budget or sales forecast as it pertains to past financial performance and not future sales projections. The other options (A, B, D) are all important factors to consider when preparing a sales budget or sales forecast as they can impact future sales.

Which of the Following Is Not a Consideration in the Preparation