Albert is the financial manager of a manufacturing firm.Albert has been an integral part of the firm ever since it started business in 2006.Albert's job has transformed over the years and every year he is responsible for creating a budget to identify all sources of raising funds and coordinates the spending of those funds throughout the company.This budget is an example of a(n)________ budget.
A) start-up
B) capital
C) launch
D) project
E) operating

Question

Quizplus · Accepted Answer

A)After a company gets through the start-up phase, the financial manager's attention turns to the operating budget, sometimes known as the master budget, which identifies all sources of revenue and coordinates the spending of those funds throughout the coming year.
B)After a company gets through the start-up phase, the financial manager's attention turns to the operating budget, sometimes known as the master budget, which identifies all sources of revenue and coordinates the spending of those funds throughout the coming year.
C)After a company gets through the start-up phase, the financial manager's attention turns to the operating budget, sometimes known as the master budget, which identifies all sources of revenue and coordinates the spending of those funds throughout the coming year.
D)After a company gets through the start-up phase, the financial manager's attention turns to the operating budget, sometimes known as the master budget, which identifies all sources of revenue and coordinates the spending of those funds throughout the coming year.
E)After a company gets through the start-up phase, the financial manager's attention turns to the operating budget, sometimes known as the master budget, which identifies all sources of revenue and coordinates the spending of those funds throughout the coming year.

Albert Is the Financial Manager of a Manufacturing Firm