A plan that reports the units or costs of merchandise to be purchased by a merchandising company during the budget period is called a:

A) Selling expenses budget.
B) Merchandise purchases budget.
C) Sales budget.
D) Cash budget.
E) Capital expenditures budget.

Merchandise Purchases Budget

An estimate detailing the amount of goods a company plans to purchase over a certain period to meet its sales and inventory needs.

Selling Expenses Budget

A financial plan estimating the costs associated with promoting, selling, and distributing a product or service for a future period.

Sales Budget

An estimate of the sales revenue a company aims to achieve in a certain period, often used for planning and performance evaluation purposes.