Which of the following is not a component of the operating budget?
A) Budgeted balance sheet
B) Sales budget
C) Selling and administrative budget
D) Raw materials purchases budget

Question

Quizplus · Accepted Answer

The budgeted balance sheet is not a component of the operating budget. The operating budget typically includes components such as the sales budget, selling and administrative budget, and raw materials purchases budget, which are focused on the day-to-day operations of the business. The budgeted balance sheet, on the other hand, is a tool used in financial planning and forecasting, and focuses on the overall financial health and position of the business.

Which of the Following Is Not a Component of the Operating