Multiple Choice
Company A is a manufacturer and Company B is a merchandiser.What is the difference in the budgets the two entities will prepare?
A) Company A will prepare a production budget, and Company B will prepare a merchandise purchases budget.
B) Company A will prepare a sales forecast, and Company B will prepare a sales budget.
C) Company B will prepare a production budget, and Company A will prepare a merchandise purchases budget.
D) Both companies prepare the same types of budgets.
Correct Answer:
Verified
Correct Answer:
Verified
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