Which of the following is NOT a component of the financial budget?
A) capital budget
B) cash budget
C) budgeted balance sheet
D) budgeted income statement

Question

Quizplus · Accepted Answer

The budgeted income statement is a component of the operating budget, not the financial budget. The financial budget focuses on the company's financial goals and includes components like the capital budget, cash budget, and budgeted balance sheet, which deal with the company's investments, cash flows, and financial position, respectively.

Which of the Following Is NOT a Component of the Financial