Preparation of the operating budgets should start with the capital budget.

Name: Preparation of the operating budgets should start with the capital budget.
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Quizplus · Accepted Answer

Preparation of the operating budgets typically starts with the sales budget, followed by the production budget (for manufacturing companies), and then other operating budgets. The capital budget, which plans for long-term investments, is usually prepared separately from the operating budgets.

Preparation of the Operating Budgets Should Start with the Capital