The revenues budget reveals

Question

Quizplus · Accepted Answer

The revenues budget typically includes the expected level of unit sales for each product multiplied by the expected unit selling prices for those products. This calculation gives the total revenue that the company expects to generate during the budget period. Option A is incorrect because the revenues budget is focused on revenue, not cash flows. Option B is also incorrect because it assumes that sales from the previous year are the same as expected sales in the upcoming budget period. Option D is incorrect because it refers to a measure of performance rather than a part of the revenues budget.

The Revenues Budget Reveals