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Budgeting

?

The starting point for creating a master budget for a proprietary secretarial school would be

Estimating salaries of the instructors.Forecasting enrollment.Preparing a capital expenditure budget. Preparing the student recruiting budget.

Correct - Your answer is correct.

Wrong - Your answer is wrong.

Detailed Answer

Answer (B) is correct.
The sales forecast drives all the other components of the operating
budget. How much revenue the firm expects to bring in affects every
other decision.

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