What is the final result of the operating budget process?
A)budgeted balance sheet
B)budgeted income statement
C)budgeted cash flow statement
D)cash budget

Question

Quizplus · Accepted Answer

The final result of the operating budget process is a budgeted income statement, which presents the expected revenues and expenses of a company over a specified period of time. This statement is used to assess the profitability of the business and to guide decision-making in terms of resource allocation and cost control. The other options, such as the budgeted balance sheet, cash flow statement, and cash budget, are also important components of the budgeting process, but they represent different aspects of the financial performance and position of the company.

What Is the Final Result of the Operating Budget Process