The financial budget includes all of the following EXCEPT the:
A)cash budget.
B)budgeted income statement.
C)budgeted cash flow statement.
D)budgeted balance sheet.

Question

Quizplus · Accepted Answer

The budgeted income statement is part of the operating budget, not the financial budget. The financial budget focuses on cash flows and financial position, which includes the cash budget, budgeted cash flow statement, and budgeted balance sheet.

The Financial Budget Includes All of the Following EXCEPT The