Listed below are elements of the master budget.Determine whether each budget is an operating budget or a financial budget.Place an O for operating budget or F for a financial budget.
1. Capital expenditures bud get
2. Cost of goods sold budget
3. Revenues bud get
4. Budgeted statement of cash flows
5. Distribution costs bud get
6. Marketing costs budget
7. Cash bud get
8. Direct materials cost bud get
9. Bud geted balance sheet
10. Bud geted income statement

Question

Listed below are elements of the master budget.Determine whether each budget is an operating budget or a financial budget.Place an O for operating budget or F for a financial budget.
 1. Capital expenditures bud get
2. Cost of goods sold budget
3. Revenues bud get
4. Budgeted statement of cash flows
5. Distribution costs bud get
6. Marketing costs budget
7. Cash bud get
8. Direct materials cost bud get
9. Bud geted balance sheet
10. Bud geted income statement

Quizplus · Accepted Answer

The Answer of Listed below are elements of the master budget.Determine whether each budget is an operating budget or a financial budget.Place an O for operating budget or F for a financial budget.
 1. Capital expenditures bud get
2. Cost of goods sold budget
3. Revenues bud get
4. Budgeted statement of cash flows
5. Distribution costs bud get
6. Marketing costs budget
7. Cash bud get
8. Direct materials cost bud get
9. Bud geted balance sheet
10. Bud geted income statement

Listed Below Are Elements of the Master Budget