Fixed and variable costs are specifically associated with ____________ budgets.
A)revenue
B)capital
C)cash
D)expense

Question

Quizplus · Accepted Answer

Fixed and variable costs are most relevant to expense budgets, as these budgets focus on the expenses that a company must regularly incur in order to operate. Revenue budgets, on the other hand, focus on the income or revenue that a company is expected to generate over a specific period of time. Capital budgets involve the planning and funding of major investments in fixed assets or equipment, while cash budgets focus on tracking and managing the cash flow of a business.

Fixed and Variable Costs Are Specifically Associated with ____________ Budgets