Which of the following is considered a financial budget?
A)The marketing budget
B)The cost of goods sold budget
C)The overhead budget
D)The capital expenditures budget

Question

Quizplus · Accepted Answer

The capital expenditures budget is considered a financial budget as it outlines the planned investments in long-term assets and the expected cash outflows for those investments. The marketing budget, cost of goods sold budget, and overhead budget are all considered operational budgets as they outline the expenses associated with day-to-day operations.

Which of the Following Is Considered a Financial Budget