A ________ budget is used for areas of the organization that incur expenses but produce no revenue.
A) sales
B) production
C) cost
D) cash
E) master

Question

Quizplus · Accepted Answer

A cost budget is used for departments or areas of an organization that do not generate revenue but have expenses, such as human resources or administration. A sales budget is used for departments that are responsible for generating revenue, a production budget is focused on manufacturing output, a cash budget is concerned with cash flow, and a master budget is an overall budget that combines all budgets in an organization.

A ________ Budget Is Used for Areas of the Organization