An example of an operating budget is a(n)

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An operating budget is a detailed projection of all estimated income and expenses based on forecasted sales revenue during a given period. The purpose of an operating budget is to plan, monitor, and control day-to-day operations of the organization. The sales budget is a critical component of the operating budget because it provides the estimated revenue for the period. A capital budget focuses on long-term investments in fixed assets, a cash budget is a projection of cash inflows and outflows, and a budgeted balance sheet outlines expected assets, liabilities, and equity at a specific point in time.

An Example of an Operating Budget Is A(n)