Which of the following budgets would not exist for a merchandising firm?
A)Sales budget
B)Purchases budget
C)Production budget
D)Selling and administrative expense budget

Question

Quizplus · Accepted Answer

A merchandising firm does not produce its own goods, so a production budget would not be necessary. The other budgets listed (sales, purchases, and selling and administrative expenses) are all relevant to a merchandising firm.

Which of the Following Budgets Would Not Exist for a Merchandising