A state university develops a budget that shows its projected income from sources that include government funding, tuition fees, alumni contributions, and research grants. This is an example of a(n) _____ budget.
A) operations
B) capital expenditures
C) nonmonetary
D) output
E) revenue

Question

Quizplus · Accepted Answer

The sales or revenue budget shows the income that the organization expects to receive from normal operations.

A State University Develops a Budget That Shows Its Projected