Operating budgets include all of the following except the:
A)Sales budget.
B)Budgeted balance sheet.
C)Production budget.
D)Selling expense budget.
E)General and administrative expense budget.

Question

Quizplus · Accepted Answer

Operating budgets are used to plan and control day-to-day operations of the business. The budgeted balance sheet, on the other hand, is a financial statement that is prepared to show the financial position of the business at a particular point in time. It is not an operating budget.

Operating Budgets Include All of the Following Except The