Which of the following is NOT an operating budget?

Question

Quizplus · Accepted Answer

The capital budget is a separate budget that focuses on long-term investments in assets such as equipment or property, while operating budgets are concerned with day-to-day expenses of running the business. The other options listed (purchases budget, cost of goods sold budget, budgeted income statement) are all examples of operating budgets as they relate to the ongoing operations of the business.

Which of the Following Is NOT an Operating Budget