Which of the following budgets or financial statements is part of the operating budget?

Question

Quizplus · Accepted Answer

The sales budget is part of the operating budget, as it outlines the expected sales revenue for the period. The capital expenditures budget outlines investments in long-term assets, the budgeted balance sheet shows projected financial position at a specific point in time, and the cash budget outlines expected cash flows. While important in overall financial planning, these budgets are not specifically part of the operating budget.

Which of the Following Budgets or Financial Statements Is Part