A budget that plans the types and amounts of operating expenses expected that are not included in the selling expenses or manufacturing budget is a:
A)General and administrative expense budget.
B)Sales budget.
C)Cash payments budget.
D)Overhead budget.
E)Selling expense budget.

Question

Quizplus · Accepted Answer

The description matches that of a general and administrative expense budget, which covers expenses such as salaries, rent, utilities, and other overhead expenses not included in the selling or manufacturing budget. The other options listed do not fit this description.

A Budget That Plans the Types and Amounts of Operating