Budgeting for a retailer requires a purchases budget to be prepared.When budgeting for a manufacturer the purchases budget is replaced by which budget?

Question

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For a manufacturer, the purchases budget is replaced by the production budget, as the focus is on producing goods rather than purchasing them. The production budget outlines the expected quantity of each item that will be produced during the budget period, based on sales projections and inventory levels.

Budgeting for a Retailer Requires a Purchases Budget to Be