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Dhruv Tripathi
on Nov 12, 2024

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Sales forecasts are drawn up after the cash budget has been completed since only then are the funds available for marketing known.

Sales Forecasts

Sales forecasts are predictions of future sales volumes, often based on historical sales data, market analysis, and anticipated market changes.

Cash Budget

A financial plan that estimates cash inflows and outflows over a specific period, typically used to assess liquidity and manage cash flow.

Funds Available

The total resources, including cash and credit, that are accessible for use in operations, investments, or other financial activities.

  • Understand the process and timing of sales forecasts in budget preparation.
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Billy MarchyNov 12, 2024
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