Which of the following describes the operating expenses budget?
A)It aids in planning to ensure the company has adequate inventory on hand.
B)It depicts the breakdown of sales based on terms of collection.
C)It helps in planning to ensure the business has adequate cash.
D)It captures the variable and fixed expenses of the business.

Question

Quizplus · Accepted Answer

The operating expenses budget captures the variable and fixed expenses of the business, detailing the costs necessary to run the company.

Which of the Following Describes the Operating Expenses Budget