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Accounting

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Which of the following statements, about operational budgets, is not true? Multiple Choice Contain expenses. Are based on estimates. Are used primarily by companies having financial problems. Are based on a company's goals. Contain revenues, 4 company's July sales budget calls for sales of 8,000 units, Each month's sales are expected to exceed the prior month's results by 15%. The product selling price is $75 per unit. The expected total sales dollars for August's sales budget are: Multiple Choice $675,000 $600,000 $650,000 $625.000 5690,000

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