Operating budgets include all the following except the:
A)Sales budget.
B)Budgeted balance sheet.
C)Production budget.
D)Selling expense budget.
E)General and administrative expense budget.

Question

Quizplus · Accepted Answer

Operating budgets include the sales budget, production budget, selling expense budget, and general and administrative expense budget. However, the budgeted balance sheet is not considered an operating budget because it is a financial statement that shows the company's assets, liabilities, and equity at a specific point in time, rather than a plan for operating activities over a period of time.

Operating Budgets Include All the Following Except The