The operating budget process generally concludes with the preparation of the:
A)budgeted income statement.
B)research and development budget.
C)production budget.
D)distribution budget.

Question

Quizplus · Accepted Answer

The operating budget process typically ends with the preparation of the budgeted income statement, which outlines the expected revenues, expenses, and net income for the upcoming period. The other options listed (research and development budget, production budget, and distribution budget) are more specific types of budgets that may be included within the operating budget, but they do not encompass the entire process.

The Operating Budget Process Generally Concludes with the Preparation of The