Operating budgets include all the following except the:
A) Budgeted balance sheet.
B) Sales budget.
C) General and administrative expense budget.
D) Selling expense budget.
E) Production budget.

Question

Quizplus · Accepted Answer

Operating budgets focus on the day-to-day operations of a business and do not include a budgeted balance sheet, which is a separate financial statement that shows a company's assets, liabilities, and equity at a specific point in time. The other options listed are all common components of an operating budget.

Operating Budgets Include All the Following Except The