37. Sales budget is a forecasts expressed in
(A) Quantity
(B) Money
(C) Both (a) & (6)
(D) None of these
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quantity is your answer
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Option C is the answer Sales budget is a forecast expressed in both quantity and money
- The sales forecast is an estimate of companies' sales for a future period.
- It is where the planning of various activities of the company starts.
- Used for short-term financial control systems.
- The sales budget is dependent on the sales forecast.
- It is the expected revenue for a future period.
- It depends on the number of products sold and the cost at which they were sold
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