The budgeted income statement is a component of the:
A)cash budget.
B)overhead budget.
C)operating budget.
D)investing budget.

Question

Quizplus · Accepted Answer

The operating budget includes the budgeted income statement, as well as other components such as the sales budget, production budget, and direct materials budget. The cash budget is a separate component that focuses on a company's cash inflows and outflows, while the overhead budget and investing budget are also separate components with their own specific focuses.

The Budgeted Income Statement Is a Component of The