QuestionFebruary 1, 2026

The first budget in the master budget that must be done before any other budget is the __ budget. sales cash production direct materials None of the other answers are correct

The first budget in the master budget that must be done before any other budget is the __ budget. sales cash production direct materials None of the other answers are correct
The first budget in the master budget that must be done before any other budget is the
__ budget.
sales
cash
production
direct materials
None of the other answers are correct

Solution
4.0(263 votes)

Answer

sales Explanation 1. Identify the sequence of master budget preparation The sales budget is prepared first because it determines expected sales, which drives production and other budgets. 2. Eliminate other options Cash, production, and direct materials budgets depend on sales estimates.

Explanation

1. Identify the sequence of master budget preparation<br /> The sales budget is prepared first because it determines expected sales, which drives production and other budgets.<br />2. Eliminate other options<br /> Cash, production, and direct materials budgets depend on sales estimates.
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