Which of the following is NOT a component of the operating budget?
A)capital budget
B)purchases budget
C)budgeted income statement
D)operating expense budget

Question

Quizplus · Accepted Answer

The capital budget is a separate budget that includes planned expenditures for long-term investments in assets such as property, plant, and equipment. The operating budget typically includes the budgeted income statement, purchases budget, and operating expense budget.

Which of the Following Is NOT a Component of the Operating