The inventory purchases budget is based on which budget?
A) Cash budget
B) Sales budget
C) Selling and administrative expense budget
D) None of the above answers are correct.

Name: The inventory purchases budget is based on which budget? A) Cash budget B) Sales budget C) Selling and administrative expense budget D) None of the above answers are correct.
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Question

Quizplus · Accepted Answer

The inventory purchases budget shows the amount of inventory that must be purchased each month to satisfy the demand projected in the sales budget.

The Inventory Purchases Budget Is Based on Which Budget