Which of the following is not required to develop a budgeted income statement?
A) Sales forecast
B) Cash budget
C) Production budget
D) Marketing budget

Question

Quizplus · Accepted Answer

The cash budget is not required to develop a budgeted income statement. A budgeted income statement primarily focuses on estimating revenues and expenses, not on the cash flows or cash positions, which are the main concerns of a cash budget.

Which of the Following Is Not Required to Develop a Budgeted