The final output of the financial budget is ________.
A) budgeted statement of stockholders' equity
B) budgeted balance sheet
C) budgeted income statement
D) budgeted statement of cash flows

Question

Quizplus · Accepted Answer

The final output of the financial budget is the budgeted balance sheet. It consolidates all the financial information from various budgets (like sales, production, cash budgets, etc.) into a projected financial position at the end of the budget period.

The Final Output of the Financial Budget Is ________