The budget which is set slight lower than the sales forecast is classified as ___________?
Correct answer: C. sales budget
- A. raw material budgeting
- B. product budgeting
- C. sales budget
- D. quota system
Explanation
A sales budget is often fixed slightly below the sales forecast so that targets remain realistic rather than assuming the entire forecast will be achieved. The other options concern inputs, products, or individual sales quotas.
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