Which one of the following is the end-product of the operating budgets?
A)the budgeted balance sheet
B)the budgeted income statement
C)the capital expenditure budget
D)the cash budget

Question

Quizplus · Accepted Answer

The operating budgets, such as the sales budget, production budget, and expense budget, are all combined into the budgeted income statement, which shows the projected profitability of the business. Therefore, the end-product of the operating budgets is the budgeted income statement.

Which One of the Following Is the End-Product of the Operating