The operating-budget process results in the _____.
A)budgeted balance sheet
B)budgeted cash balance
C)sales budget
D)budgeted statement of income

Question

Quizplus · Accepted Answer

The operating-budget process results in the budgeted statement of income, which outlines the expected revenues, expenses, and net income for a specific period of time. The other options (budgeted balance sheet, budgeted cash balance, and sales budget) may be components of the budgeting process, but they are not the final result of that process.

The Operating-Budget Process Results in the _____