Which of the following is not an "operating" budget?
A)sales budget
B)production budget
C)purchases budget
D)capital budget

Question

Quizplus · Accepted Answer

Operating budgets are used to plan and control day-to-day operations of a business, including revenues and expenses. The sales, production, and purchases budgets are all examples of operating budgets. However, the capital budget is not an operating budget as it is used to plan for long-term investments in assets such as equipment, buildings, or technology, rather than day-to-day operations.

Which of the Following Is Not an "Operating" Budget