Match each phrase that follows with the term a-f it describes..
-a plan showing the units of goods to be sold and the sales to be derived; usually the starting point in the budgeting process

Question

Quizplus · Accepted Answer

The phrase describes a sales budget, which is a plan showing the units of goods to be sold and the sales to be derived.

Answer: B
 The phrase describes a capital expenditures budget, which outlines the anticipated costs for long-term assets like equipment or buildings.

Answer: D
 The phrase describes a production budget, which outlines the expected output of goods based on the sales budget and inventory levels.

Answer: E
 The phrase describes a cash budget, which outlines the expected cash inflows and outflows for a period of time.

Answer: A
 The phrase describes a budget in general, which is a financial plan for a business or individual.

Answer: F
 The phrase describes a budgeted balance sheet, which is a projection of a company's financial position at a future point in time based on the budget.

Match Each Phrase That Follows with the Term A-F It