All of the following are operating budgets except the _____.
A)purchases budget
B)capital budget
C)cost of goods sold budget
D)budgeted income statement

Question

Quizplus · Accepted Answer

Operating budgets deal with the day-to-day expenses and revenues of a business, such as purchases and cost of goods sold. A capital budget, on the other hand, deals with long-term investments in assets like property, equipment, and infrastructure, and is not considered an operating budget.

All of the Following Are Operating Budgets Except the _____