The budgets that are concerned with the income-generating activities of a firm are called the:
A)Operating budgets
B)Master budgets
C)Financial budgets
D)Continuous budgets

Question

Quizplus · Accepted Answer

Operating budgets are concerned with the income-generating activities of a firm, including sales, production, and direct costs associated with the production and sale of goods or services.

The Budgets That Are Concerned with the Income-Generating Activities of a Firm