When generating a master budget,what is the schedule created first?

Name: When generating a master budget,what is the schedule created first?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The sales budget is typically the first schedule created in the master budget process as it forms the basis for all other budgets. It provides an estimate of the expected sales revenue for the budget period, which then informs the production budget, direct labour budget, and ultimately the cash budget. Therefore, the correct answer is D.

When Generating a Master Budget,what Is the Schedule Created First