What are budgets that combine sales forecasts with estimates of production costs and operating expenses to forecast profits?
A) operating budgets
B) centralized budgets
C) strategic budgets
D) cash budgets

Question

Quizplus · Accepted Answer

Operating budgets combine sales forecasts with estimates of production costs and operating expenses to forecast profits. Centralized budgets refer to budgets that are created by a central authority or department, strategic budgets are long-term budgets that align with overall company strategy, and cash budgets focus on tracking cash inflows and outflows.

What Are Budgets That Combine Sales Forecasts with Estimates of Production