Asked by Eskarlin Sanchez on Jul 07, 2024

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A plan that shows the units and dollars of merchandise to be purchased during the budget period.

A) Master budget
B) General and administrative expense budget
C) Budget
D) Safety stock
E) Budgeted income statement
F) Budgeted balance sheet
G) Sales budget
H) Cash budget
I) Merchandise purchases budget

Merchandise Purchases Budget

A financial plan detailing the amount to be spent on acquiring inventory for sale during a certain period.

  • Comprehend the various elements of a budget, encompassing sales, cash, production, and expense budgets.
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MN
Monica NuñezJul 08, 2024
Final Answer :
I
Explanation :
The Merchandise Purchases Budget is specifically designed to plan the units and dollars of merchandise that need to be purchased within a certain budget period. This budget helps businesses manage their inventory levels effectively by forecasting the amount of merchandise required to meet sales demands while considering existing inventory.