GB 519 RANK Let's Do This /gb519rank.com GB 519 RANK Let's Do This /gb519rank.com | Page 38

The revenue data are easiest to generate.
Sales information is precise in amount.
Sales personnel have the quickest access to data.
Sales forecasts are the most objective of all budgeted
activities.
Almost all activities of a firm emanate from (i.e., are linked
to) estimated sales demand.
UNIT 3 QUIZ
Question 10. Question : All of the following represent
alternative approaches to the
traditional budget-preparation process except which one?
Student Answer:
Master budgeting.
Kaizen budgeting.
Continuous-improvement budgeting.
Activity-based budgeting (ABB)
Time-driven activity based budgeting (TDABB)