Which of the following is a financial budget?
A) cost of goods sold budget
B) budgeted balance sheet
C) marketing expense budget
D) production budget

Question

Quizplus · Accepted Answer

A budgeted balance sheet is a financial budget, as it projects the company's assets, liabilities, and equity for a specific period of time. The other choices are operational budgets that focus on specific areas of the business, but do not provide a complete financial overview.

Which of the Following Is a Financial Budget