Which of the following indicate/s the overall financial results of the organisation's planned operations for the budget period?
A) Sales forecast
B) Budgeted financial statements
C) Cash budget
D) None of the given answers

Question

Quizplus · Accepted Answer

Budgeted financial statements provide an overview of the organization's planned financial results for the budget period, including projected revenues, expenses, and profits or losses. Sales forecast and cash budget are components of the budgeted financial statements, but alone they only provide limited information about the overall financial results. None of the given answers is not correct as one of the options (B) is the correct answer.

Which of the Following Indicate/s the Overall Financial Results of the Organisation's