Which one of the following sets of budgets are financial budgets?
A)budgeted balance sheet and production budget
B)budgeted income statement and sales budget
C)capital expenditure budget and cash budget
D)cash budget and sales budget

Question

Quizplus · Accepted Answer

The capital expenditure budget and cash budget are both financial budgets. The capital expenditure budget outlines the planned investments in fixed assets, while the cash budget forecasts the company's cash flow, focusing on cash inflows and outflows.

Which One of the Following Sets of Budgets Are Financial