Which of the following is NOT a budget typically prepared for an activity accounted for in a proprietary fund?
A) Appropriation budget.
B) Cash budget.
C) Capital budget.
D) Flexible budget.

Question

Quizplus · Accepted Answer

Appropriation budgets are typically associated with governmental funds, such as general funds, rather than proprietary funds. Proprietary funds, like enterprise funds, operate in a manner similar to private businesses and therefore use budgets like cash, capital, and flexible budgets that reflect their revenue-generating activities.

Which of the Following Is NOT a Budget Typically Prepared