Preparing the sales budget includes calculating the revenues to be earned from units sold in addition to the number of units to be sold.Preparation of the sales budget requires multiplying the number of units expected to be sold by the budgeted sales price.

Question

Quizplus · Accepted Answer

The statement is correct. The sales budget involves estimating the revenues from units sold and multiplying the number of units expected to be sold by the budgeted selling price.

Preparing the Sales Budget Includes Calculating the Revenues to Be