Budgeted sales commissions would appear on the:
A) selling, general, and administrative budget and pro forma income statement
B) selling, general, and administrative budget and pro forma balance sheet
C) sales budget and pro forma balance sheet
D) sales budget and pro forma income statement

Question

Quizplus · Accepted Answer

Budgeted sales commissions would be included in the selling, general, and administrative budget, which is a part of the overall budgeting process. Additionally, these commissions would affect the pro forma income statement, as they are a cost of doing business and would need to be factored into revenue and expenses.

Budgeted Sales Commissions Would Appear on The