Which of the following would be included in the operating budgets for a trampoline park?
A) The sales or fees budget and the budgeted statement of profit or loss.
B) The sales or fees budget, the operating expenses budget and the capital expenditure budget.
C) The sales or fees budget and the cash budget.
D) The sales or fees budget, the labour budget, and the operating expenses budget.

Question

Quizplus · Accepted Answer

Operating budgets for a business like a trampoline park typically include the sales or fees budget, which forecasts the revenue from sales or services, the labour budget, which estimates the costs associated with employees and staffing, and the operating expenses budget, which outlines the expected day-to-day expenses needed to run the business. The capital expenditure budget, which deals with investments in long-term assets, and the cash budget, which forecasts cash flows, are not typically considered part of the operating budgets.

Which of the Following Would Be Included in the Operating