Which of the Following Is Not True

Multiple Choice

Which of the following is not true?

A) The sales forecast is done before the sales budget.
B) The master budget is the comprehensive plan for the organization as a whole.
C) The production budget is prepared in units and dollars.
D) One approach to forecasting sales is the bottom-up approach.
E) In creating the sales forecast, outside factors such as the state of the economy, should be considered.