Which of the following would reflect the cost of acquiring a new company?
A) capital budget
B) operating budget
C) income statement
D) balance sheet

Question

Quizplus · Accepted Answer

The cost of acquiring a new company would fall under the capital budget, as it involves a significant investment of capital. The operating budget pertains to the day-to-day expenses of a business, while the income statement and balance sheet reflect the financial performance and position of the company, respectively.

Which of the Following Would Reflect the Cost of Acquiring