Question:

Budgets or schedules uses data contained in the selling and administrative expense budget?

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Which of the following budgets or schedules uses data contained in the selling and administrative expense budget?

A) Cash payments schedule

B) Cash receipts schedule

C) Inventory purchases budget

D) Sales budget

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1 ANSWERS


  1. Answer A.

    The flow of data in this case is Sales Budget -> Selling and Administrative Budget -> Cash Budget (Cash payments schedule).

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