As all budgets 'hang' off the sales budget, if the sales forecasts are incorrect, chances are all operating budgets will also be inaccurate.

Name: As all budgets 'hang' off the sales budget, if the sales forecasts are incorrect, chances are all operating budgets will also be inaccurate.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This statement is true. Since the sales budget is the basis for creating all other operating budgets, any errors or discrepancies in the sales forecast will have a cascading effect on all other budgets.

As All Budgets 'Hang' Off the Sales Budget, If the Sales